US Congress: House declares July 14 week “crypto week”, to advance key digital asset bills

House leaders have designated the week of July 14 as "Crypto Week", when three major cryptocurrency-related bills will be brought to a vote:

• the CLARITY Act,
• the Anti-CBDC Surveillance State Act,
• and the Senate's GENIUS Act.

Republican lawmakers say the legislation will create a clear regulatory framework for digital assets, safeguard financial privacy, and bolster the U.S.'s position as a global crypto leader.

The package addresses issues like stablecoin oversight, digital asset market rules, and includes a permanent ban on the creation of a U.S. central bank digital currency. The effort reflects years of bipartisan work and aligns with Trump’s pro-crypto policy stance.

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BTC update, nudging toward all time highs:

This article was written by Eamonn Sheridan at www.forexlive.com.