Trump, GENIUS Act and cryptocurrency
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Discover how the CLARITY Act could reshape US crypto regulation, define SEC and CFTC roles and impact investors, innovators and markets beyond Crypto Week.
If passed, the Crypto Week legislation could lead to new ways to use the currencies, corporate adoption, and institutional investment.
House Republicans promoted this week as the latest step for the U.S. to become the “crypto capital of the world.”
The House of Representatives today approved GENIUS, clearing the way for stablecoin act to go to President Trump for signature. It also passed CLARITY market structure legislation, sending it to the Senate.
Crypto Week has seen U.S. lawmakers advance three key crypto bills, indicating a shift toward clear rules for stablecoins, tokens, and CBDCs.
Crypto week kicks off on Capitol Hill, with lawmakers set to debate a handful of bills that sources say could have a big impact on the market.
On Monday, Republican leaders in the House of Representatives kicked off what they’re calling “Crypto Week”—a concerted effort to make America the cryptocurrency capital of the world by advancing three key pieces of crypto-related legislation.
The crypto industry will take a step closer to going mainstream this week as a series of industry-friendly bills progress through Congress, paving the way for digital assets to potentially be further integrated into traditional finance.