House GOP Plans ‘Crypto Week’ to Pass Deregulatory Bills on Digital Assets
“Crypto Week” kicks off on Monday in the U.S. House, as announced by Republican leadership, and the cryptocurrency industry is looking ahead to seismic legislative wins after spending a fortune to help elect what they’re hailing as the most crypto-friendly Congress ever.
Speaker Mike Johnson said the House will be taking up “three landmark pieces of legislation,” establishing what supportive lawmakers are calling “light-touch guardrails” on digital assets. Each of the bills is championed by crypto industry lobbying groups.
One is the marquee CLARITY Act (H.R. 3633), also called a crypto market structure bill, sponsored by a powerful crypto cheerleader, Financial Services Committee Chair French Hill (R-Ark.)….
