The US House GOP has set July 14-20 as ‘Crypto Week’ to focus on crucial cryptocurrency legislation, including three main bills regarding stablecoins, market structure, and a retail central bank digital currency ban.
Speaker Mike Johnson emphasized that the stablecoin bill is the priority during Crypto Week, favoring the Senate’s GENIUS Act to expedite processes aligned with President Trump’s objectives.
Lawmakers aim to clarify regulatory roles between the SEC and CFTC through the Digital Asset Market Clarity Act. Concerns about innovation stifling and Trump’s financial ties to crypto ventures have sparked debate in Congress.
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