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BTC $113,636 ↓ 1.3%
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ETH $3,507 ↓ 4.5%
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XRP $2.97 ↑ 0.5%
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BNB $763.06 ↓ 2.9%
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SOL $164.22 ↓ 3%
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USDC $1.00 ↑ 0%
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STETH $3,501 ↓ 4.5%
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DOGE $0.20 ↓ 2.4%
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ADA $0.72 ↓ 1.2%
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WBTC $113,650 ↓ 1%
B
BTC $113,636 ↓ 1.3%
E
ETH $3,507 ↓ 4.5%
X
XRP $2.97 ↑ 0.5%
U
USDT $1.00 ↑ 0%
B
BNB $763.06 ↓ 2.9%
S
SOL $164.22 ↓ 3%
U
USDC $1.00 ↑ 0%
S
STETH $3,501 ↓ 4.5%
T
TRX $0.32 ↓ 0.1%
D
DOGE $0.20 ↓ 2.4%
A
ADA $0.72 ↓ 1.2%
W
WBTC $113,650 ↓ 1%

House Designates Week of July 14th as “Crypto Week”

U.S. House leadership has officially designated the week of July 14, 2025, as “Crypto Week,” in which lawmakers will debate the landmark crypto bills that will shape the future of digital assets in the country. House Committee Chairman French Hill, and his counterpart GT Thompson, who heads the House Committee on Agriculture will look forward to ironing issues regarding the passage of the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. 

According to the House Assembly, this step is part of Congress’s efforts to make a decisive pivot toward a unified and clear framework. The news comes after Senate Banking Committee Chair Tim Scott told the White House that the Market Structure Bill will be passed no later than September 30. 

Hill, Johnson Looks forward to the Crypto Week

French Hill, in a statement, said the House, in conjunction with the Senate, is looking forward to Crypto Week. He added that the chambers are taking historic steps to ensure the United States remains a frontier in Blockchain innovation. Hill further said the House leadership and the entire Congress will work to establish a clear framework for digital assets, one that will protect consumers and investors. 

Speaker Mike Johnson said House Republicans will deliver the full scope of President Trump’s crypto agenda. He added that the House looks forward to considering the three crypto bills, commending French Hill and GT Thompson for their support.  

The Three Key Bills Considered in the Crypto Week

In the past, crypto regulation in the United States has faced regulatory ambiguity. Exchanges, such as Coinbase, have been subjected to intense scrutiny for unclear violations. Ripple’s XRP case has been in limbo until now, and stablecoins and CBDC have no clear direction. Congress’s move to dedicate the entire week to crypto will put an end to this ambiguity. It will also ensure the United States has clear regulations that will govern crypto issuance, trading, and custody 

The three fundamental bills that will be discussed in the crypto week, include the Clarity Act, GENIUS Act, and Anti-CBDC Surveillance State Act. The Clarity Act will properly define which digital assets should fall under the CFTC and those under the SEC. It will also settle the jurisdictional disputes that have prevented crypto businesses from growing in the United States. Furthermore, it will ensure integrity measures, such as customer assets segregation and reporting standards. 

The GENIUS Act, on the other hand, is a stablecoin framework that requires full and clear auditing of reserves to ensure transparency and consumer protection. It will create a regulated environment for issuers while providing greater legal certainty. The House is expected to pass this bill over the STABLE Act.

Finally, the Anti-CBDC Surveillance State Act will permanently prohibit the Federal Reserve from developing a U.S. CBDC. Launching a digital dollar has been a topic of debate, but the new bill will quash the idea due to privacy and centralization concerns. Although it has been okayed by the House Committee, it still awaits Senate approval.

Impact on the Crypto Ecosystem 

All three bills will advance stablecoin clarity, reform market structure, and put to bed the idea of launching a CBDC. Under the new crypto bills, crypto businesses would have clear and stable oversight, compared to the previous times driven by uncertainties. Firms like BlackRock will operate under a clear framework, which unlocks growth potential.

Additionally, stablecoins will gain more legitimacy and traction among consumers and businesses, thanks to the GENIUS Act. Institutional players, cryptocurrency exchanges, and DeFi protocols can confidently launch innovative and compliant products. Crypto firms, such as Coinbase, that once attempted to launch the controversial LEND in 2022, will be able to design subsequent fully compliant products again. This unlocks passive income and accelerates adoption. 

Will All Three Bills Scale Through in the Crypto Week?

The major question on everyone’s lips is whether the bills will pass cleanly or be delayed yet again. Experts believe the latter is possible, given the legislative tussle between the upper and lower chambers. The crypto week, which has been set aside to address the bills, may not be enough for deliberation. 

Also, there might be a partisan pushback. Some Democrats may argue the decisions are rushed or influenced by Trump’s close relationships with the Republican senators. Furthermore, amendments to bills like the GENIUS Act may trigger Senate delays. 

However, if all three successfully pass Senate and House approval, expect market optimism. Bitcoin and major altcoins would experience increased volatility and break their respective all-time highs. Furthermore, more nations will follow the U.S. and adopt similar legislation.

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