U.S. Crypto Regulation Countdown: White House Insider Says July Will Be a Game-Changer
The U.S. digital asset landscape is on the brink of a regulatory overhaul, with July poised to deliver pivotal legislative developments. Two landmark bills—GENIUS and CLARITY—are nearing finalization, potentially reshaping crypto issuance, stablecoin frameworks, and broader market integration.
The GENIUS Act, already Senate-approved, imposes federal standards for stablecoin issuers, restricting operations to regulated entities. Meanwhile, the CLARITY Act advances toward Senate review, signaling a coordinated push for comprehensive crypto legislation by September.
White House adviser David Sacks underscores the urgency: "July will be a big month." The coming weeks may determine whether the U.S. embraces structured innovation or stifles it through overreach.