What To Expect from the US House’s ‘Crypto Week’
Key Takeaways
- The House of Representatives has dubbed July 14-18 “Crypto Week.”
- Members are expected to vote on the GENIUS Act, which would enable private companies to issue stablecoins. A successful House vote would send the bill to the desk of President Donald Trump, who has expressed support for the proposal on social media.
- The House is also expected to consider the Digital Asset Market Clarity Act, which would establish a framework for cryptocurrency regulation.
Cryptocurrencies—and, particularly, stablecoins—are expected to take center stage in Washington, D.C., next week during the House of Representatives’ self-proclaimed “Crypto Week.”
U.S. representatives are expected to vote on the GENIUS Act, a bill that would…