GENIUS, Clarity and the CBDC Ban

Three different cryptomatic accounts could potentially go through The House of Representatives in the next few days: Genius Act, the Clarity Act and the Anti-CBDC Act.

“Leading and introducing national innovations for American Stablecoins from 2025” (Genius) ACT would create a framework for stable supervision. It has already passed The Senate, so he has a solid chance to become the first crypt -oriented law that the federal government has signed in the law.

“The Law on Clarity of the Digital Property Market of 2025” (Brightness) The act is in the meantime more massive legislation would create Clear boundaries of jurisdiction between the Securities and Exchange Commission (Sec) and Commission for Trading with Commodity Futures (CFTC) in regulation of digital assets.

Krypto Industry is waiting for such an account for a long time, said Coindesk Katherine Dowling, General Council on Bitwis.

This Clarity Act does not yet have a counterpart in the Senate, although more hearing has been held on this topic and hopes that the legislation will be introduced by the end of the year.

As regards the Anti-CBDC supervisory law prohibit USA from creating its own digital currency of the central bank.

“If it is not designed so that it is open, without permission and a private-remembered cash-CBDC is nothing but an Orwellian tracking tool that is used to disturb the American way of life. published Back in the spring. This bill does not even have a counterpart in the Senate.

All three legislation is expected to hand over a house with bipartisan support. That would be a big victory for the industry. The accounts are not flawless, Dowling, but also the imperfect framework will disperse the current regulatory ambiguity and will help crypto companies in the US. Gross spots are likely to be smoothed over time, he says.

“Other countries are already in the race, while we are still lacing our shoes,” Coindesk said. Washington, however, changed its attitude towards crypto incredibly fast since the re -election of Donald Trump and former SEC chairwoman Gensler left, she said.

“You have to maintain this momentum. The” Crypto Week “designation and having it part of the presidential agenda is really so important,” she said.