Bitcoin, Ethereum surge ahead of US ‘Crypto Week’: House parleys on stablecoins, CBDCs, crypto regulation in focus | Business News

Cryptocurrency prices have touched new records with Bitcoin crossing the $1,19,000-mark and Ethereum jumping over 17 per cent in the run-up to “Crypto Week” in the US — starting Monday.  The US House of Representatives are set to hold discussions on a trinity of bills that are seminal to America’s formalisation of cryptocurrency usage under President Donald Trump.

The office of French Hill, the US House Committee on Financial Services chairman, said in a statement Thursday that the week is “‘Crypto Week’ in the US House of Representatives. The House will consider the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act.”

Bitcoin (BTC) touched an all-time high of $119,240.26 as of 7.47 pm on Sunday, and…

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