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U.S. Prepares for Crypto Week: Full Agenda and Top 3 Bills Revealed
U.S. Prepares for Crypto Week: Full Agenda and Top 3 Bills Revealed
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BTCCSquare news:
Washington takes center stage as U.S. lawmakers launch "Crypto Week," a pivotal series of votes starting July 14th that could redefine digital asset regulation. The outcome will directly impact stablecoins, exchanges, and broader market dynamics—either delivering long-sought clarity or prolonging uncertainty.
The GENIUS Act leads the legislative charge, targeting the $250 billion stablecoin market with stringent reserve requirements and enhanced oversight. Monthly disclosures and annual audits would become mandatory, while states gain limited supervisory authority. Notably, industry giant Tether currently falls short of the proposed standards.
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