US Lawmakers Gear up for ‘Crypto Week’ — What to Expect
The week of July 14 will see votes on both the stablecoin and broader crypto industry regulation bills.
With the U.S. president’s One Big Beautiful Bill out of the way, House Republicans have turned their attention to digital assets, declaring the week of July 14 “Crypto Week.”
The House GOP leadership plans to bring forward three bills: a stablecoin regulatory bill, a broader crypto market regulation bill, and a ban on a U.S. central bank digital currency, or CBDC.
The measures are all strongly favored by the White House and at least the first two by the crypto industry. They are part of a push to legitimize and empower the digital asset industry by giving it clear rules of the road that many insiders say are needed to allow the…