U.S. House to Vote on Key Crypto Bills During ’Crypto Week’

House Republicans are gearing up for a pivotal legislative push on cryptocurrency regulation, designating the week of July 14 as 'Crypto Week.' Three major bills will take center stage: stablecoin oversight, digital asset market structure, and central bank digital currencies (CBDCs). Speaker Mike Johnson framed the effort as fulfilling former President Trump's crypto agenda.

The stablecoin bill, now shifting focus from the House's STABLE Act to the Senate-backed GENIUS Act, WOULD mandate full dollar backing for stablecoins and impose audits on issuers with over $50 billion in market capitalization. Meanwhile, the Digital Asset Market Clarity Act seeks to resolve jurisdictional ambiguities between the SEC and CFTC, introducing rules for disclosures, custody, and fund segregation.