{"id":1440,"date":"2025-07-04T08:05:51","date_gmt":"2025-07-04T12:05:51","guid":{"rendered":"https:\/\/www.decentralnetwork.org\/news\/?p=1440"},"modified":"2025-07-04T08:05:54","modified_gmt":"2025-07-04T12:05:54","slug":"crypto-week-house-crypto-bills","status":"publish","type":"post","link":"https:\/\/www.decentralnetwork.org\/news\/crypto-week-house-crypto-bills\/","title":{"rendered":"U.S. House Declares July\u202f14\u201318 as \u201cCrypto Week\u201d to Fast\u2011Track Key Crypto Bills"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">The U.S. House names July\u202f14 as \u201cCrypto Week\u201d to advance the CLARITY Act, Anti\u2011CBDC Surveillance State Act, and Senate\u2019s GENIUS Act\u2014paving the way for clearer digital asset rules, stablecoin oversight, and a ban on a central bank digital currency.<\/h3>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">What\u2019s Happening During \u201cCrypto Week\u201d<\/h3>\n\n\n\n<p>The <a href=\"https:\/\/financialservices.house.gov\/news\/documentsingle.aspx?DocumentID=410793\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/financialservices.house.gov\/news\/documentsingle.aspx?DocumentID=410793\" rel=\"noreferrer noopener\">U.S. House<\/a> of Representatives has officially designated <strong>July 14\u201318 as \u201cCrypto Week.\u201d<\/strong> During this time, lawmakers aim to consider three major bills:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>CLARITY Act<\/strong> \u2013 to define the roles of the SEC vs. CFTC in crypto<\/li>\n\n\n\n<li><strong>Anti\u2011CBDC Surveillance State Act<\/strong> \u2013 to stop a Federal Reserve digital dollar<\/li>\n\n\n\n<li><strong>GENIUS Act<\/strong> \u2013 Senate-approved framework for dollar\u2011pegged stablecoins<\/li>\n<\/ul>\n\n\n\n<p>According to a House press release, the goal is to <em>\u201cmake America the crypto capital of the world,\u201d<\/em> protect financial privacy, and build a clear regulatory structure for digital assets.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Key Bills at a Glance<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Bill<\/th><th>Purpose<\/th><th>Status<\/th><\/tr><\/thead><tbody><tr><td><strong>CLARITY Act<\/strong><\/td><td>Assigns crypto oversight to the CFTC vs. the SEC; mandates asset segregation on exchanges<\/td><td>Passed committee votes 32\u201319 (FinServ) and 47\u20136 (Agri)<\/td><\/tr><tr><td><strong>Anti\u2011CBDC Surveillance State Act<\/strong><\/td><td>Prohibits the Fed from issuing a CBDC to protect consumer privacy<\/td><td>Passed FinServ committee 27\u201322; now before the full House<\/td><\/tr><tr><td><strong>GENIUS Act<\/strong><\/td><td>Regulates dollar-backed stablecoins, requires reserves in Treasuries, adds consumer protections<\/td><td>Passed Senate 68\u201330 on June\u202f17; House vote next<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Why It Matters<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stablecoin oversight:<\/strong> The GENIUS Act sets new rules for issuers of tokens like USDT and USDC. It mandates full reserve backing and audits\u2014important steps toward safer crypto use.<\/li>\n\n\n\n<li><strong>Regulatory clarity:<\/strong> The CLARITY Act hopes to end the long-standing SEC vs. CFTC turf wars. Clear rules could attract more investment and innovation.<\/li>\n\n\n\n<li><strong>Privacy saved:<\/strong> If passed, the Anti\u2011CBDC Act would remove the possibility of a government-run digital dollar that could track every transaction.<\/li>\n<\/ul>\n\n\n\n<p><strong>Also Read:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.decentralnetwork.org\/news\/xrp-prepare-greatest-wealth\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.decentralnetwork.org\/news\/xrp-prepare-greatest-wealth\/\" rel=\"noreferrer noopener\">Don\u2019t Sleep on XRP: Prepare for the \u201cGreatest Wealth Transfer in History\u201d<\/a><\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Supporters Speak Up<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Chairman French Hill<\/em> praised the move: \u201chistoric steps\u2026 clear framework\u2026 blocks creation of a CBDC to safeguard financial privacy\u201d.<\/li>\n\n\n\n<li><em>Speaker Mike Johnson<\/em> added it&#8217;s in line with \u201cPresident Trump\u2019s digital assets and cryptocurrency agenda\u201d.<\/li>\n\n\n\n<li><em>Senator Cynthia Lummis<\/em> celebrated the partnership to preserve privacy and place the U.S. at the forefront of fintech.<\/li>\n\n\n\n<li><em>Majority Whip Tom Emmer<\/em> said: \u201ca new day for American excellence has finally arrived\u201d.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">What Comes Next?<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The House floor vote is scheduled for <strong>July 14\u201318.<\/strong><\/li>\n\n\n\n<li>If approved, the GENIUS Act joins the already Senate-passed version and heads back to the Senate for a possible fast track.<\/li>\n\n\n\n<li>The CLARITY Act and Anti\u2011CBDC Act would then move to reconciliation or final votes.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Why Crypto Week Could Be a Turning Point<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Clears <strong>regulatory uncertainty<\/strong>\u2014a major barrier for institutional and retail crypto investors.<\/li>\n\n\n\n<li>Sets up concrete rules for <strong>stablecoin issuers<\/strong>, a fast-growing area in crypto.<\/li>\n\n\n\n<li>Protects <strong>privacy and innovation<\/strong>, while keeping the U.S. competitive in digital finance.<\/li>\n<\/ul>\n\n\n\n<p>With House approval, the bills <strong>could reach President Trump by late July<\/strong>, marking a major shift for U.S. digital asset policy.<\/p>\n\n\n\n<p>Let me know if you\u2019d like follow-up coverage after the votes\u2014or a deeper dive into any of the three bills!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. House names July\u202f14 as \u201cCrypto Week\u201d to advance the CLARITY Act, Anti\u2011CBDC Surveillance State Act, and Senate\u2019s GENIUS &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"U.S. House Declares July\u202f14\u201318 as \u201cCrypto Week\u201d to Fast\u2011Track Key Crypto Bills\" class=\"read-more button\" href=\"https:\/\/www.decentralnetwork.org\/news\/crypto-week-house-crypto-bills\/#more-1440\" aria-label=\"Read more about U.S. House Declares July\u202f14\u201318 as \u201cCrypto Week\u201d to Fast\u2011Track Key Crypto Bills\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1441,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","resize-featured-image"],"jetpack_featured_media_url":"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/07\/Crypto-Week-House-crypto-bills-4jul25.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/comments?post=1440"}],"version-history":[{"count":2,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1440\/revisions"}],"predecessor-version":[{"id":1443,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1440\/revisions\/1443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media\/1441"}],"wp:attachment":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media?parent=1440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/categories?post=1440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/tags?post=1440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- This website is optimized by Airlift. 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