U.S. House Prepares Crypto Regulation Bills for July
The U.S. House of Representatives is preparing for a significant week focused on cryptocurrency regulation, with several key bills set to advance. From July 14 to July 20, the House Financial Services Committee will consider three major pieces of legislation: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. These bills aim to establish a comprehensive regulatory framework for digital assets, addressing various aspects of the crypto landscape.
The CLARITY Act seeks to provide clarity on the regulatory treatment of digital assets, ensuring that they are appropriately classified and regulated under existing financial laws. The Anti-CBDC Surveillance State Act focuses on restricting the use of central bank digital…