Major Crypto Regulation Set for House Floor Vote This July 14–18

TLDR

  • The U.S. House of Representatives will review two major crypto regulations from July 14 to 18.
  • The Clarity Act aims to define legal operations for investors, brokers, and entrepreneurs in digital asset markets.
  • The GENIUS Act focuses on regulating dollar-backed payment tokens, including stablecoin issuance and oversight.
  • Congressman French Hill confirmed the legislation is ready after months of work by the Financial Services Committee.
  • Lawmakers intend to reduce regulatory confusion and provide a clear structure for blockchain-based innovation.

Two major crypto regulations are scheduled to reach the U.S. House floor between July 14 and July 18. Lawmakers will consider the Clarity Act and the GENIUS Act, aiming to…

Source link