Breaking News: US House of Representatives declares July 14th as “Crypto Week”!
In a surprising turn of events, the same day President Donald Trump’s “One Big Beautiful Bill” was passed, Republican House leaders decided to declare the week of July 14th as “Crypto Week”! π According to a press release by Arkansas House Republican French Hill, this week will feature a marathon review of three key pieces of crypto legislation. π
The Genius Act aims to establish a federal framework for stablecoins, while the Clarity Acts will determine which regulators, if any, have jurisdiction over specific digital assets. π΅οΈββοΈ Lastly, the Anti-CBDC Surveillance State Act will prevent the U.S. Federal Reserve from creating a central bank digital currency (CBDC). π«
“We are taking historic steps to ensure the United States remains the world’s leader in innovation and I look forward to ‘Crypto Week’ in the House,” Hill said. π
Crypto Week is just around the corner, and we can’t wait to see what other surprises the US House has in store for us! π€©
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2025-07-04 10:57