US Lawmakers Designate ’Crypto Week’ to Advance Key Digital Asset Legislation
The United States House of Representatives has designated the week beginning July 14 as 'Crypto Week,' during which lawmakers will review three pivotal digital asset bills: the CLARITY Act, the Anti-CBDC Act, and the GENIUS Act. This initiative, spearheaded by House Financial Services Committee Chair French Hill and House Agriculture Committee Chair Glenn Thompson, aims to solidify the U.S. as the global leader in cryptocurrency innovation.
Chairman Hill emphasized the historic nature of the effort, noting years of congressional groundwork culminating in landmark legislation. The proposed framework seeks to protect consumers and investors by regulating dollar-backed stablecoins and permanently barring the creation of a Central Bank Digital Currency (CBDC). The Anti-CBDC Act, which cleared committee in April, reflects growing bipartisan concerns over monetary surveillance.
Speaker Mike Johnson framed the push as fulfilling former President Trump's crypto agenda, signaling alignment between legislative priorities and executive branch objectives. The move comes amid intensifying global competition for dominance in digital asset regulation and technological development.