House GOP Declares ‘Crypto Week’ to Advance Landmark Digital Asset Bills

Legislators will be expected to encourage further legislative victories this month after passage On Thursday, Big Beautiful Bill President Donald Trump.

This time, policy creators will focus on the crypt.

For this purpose, the Republicans in the house will try to move the needle forward to three industry accounts during their freshly announced “Crypto Week”, starting on July 14.

This move is a coordinated legislative effort to adopt key digital property accounts in the US House of Representatives in the coming weeks and months, making part of the wider GOP initiative to position the US as a global leader in Kripto and financial technology under Trump administration.

In the post on X, the Chairman of the Financial Services Committee and the House Agriculture announced that they will now divert their attention to the Claus Act, the Law on Supervision against CBDC and the Law An ingenious act.

“After years of dedicated work in the Congress on Digital Property, we improve the famous legislation in order to establish a clear regulatory framework for digital assets,” said FERNCH HILL (R-AR) Financial Services Committee. statement.

These frames include consumer protection and establishing regulatory clarity while ban Federal reserves from the issuance of a digital currency of the central bank.

“We have constantly heard calls to regulatory clarity and security in this ecosystem,” added the Chairman of the GT Thompson Agriculture Committee (R-PA). “The Committees for Agriculture and Financial Services worked together to provide clarity, and it will be time soon for the home to be delivered to the US people and send clarity to the Senate.

In April, the CBDC State Law to fight passed From the US Financial Services Committee with votes from 27-22.

In June, the Claus Act, which would abolish the US Commission for Securities and Exchange of Supervisory Powers Related to the Crypto Industry, was cutaway by the Committee on Financial Services and Agriculture. The same month’s ingenious act was passed from American Senate. The proposal of the law is now waiting for the home vote.

Tail. Tom Emmer (R -minn.), A leading cryptocurrency advocate at the House, said that the passage of the law would defend financial privacy and enhance US dominance in Blockchain innovation, which he will now do with a global leader in cryptocurrencies.

“American innovators are a step closer to the clarity they need to build here at home, while ensuring that the future of digital economy reflects our privacy values, individual sovereignty and competitiveness in the free market,” Emmer said.

For others, Crypto Week marks a change in the attitude of the federal government on digital assets, the one that is aligned with the legislation already adopted in several countries.

“We have worked in Wyoming for almost a decade to accept digital property, and it is exciting to see the federal government that begins to follow in the footsteps of the Cowboy State State,” said Senator Cynthia Lummis (R-Wy).

“While we celebrate Crypto Week, I am delighted with the partner with President Hill and President Thompson to bring the comprehensive legislation of Stablecoin, established clear rules on the market structure and ensure that every digital Central Bank’s digital currency respects the privacy and financial freedom of Americans.”

Edited Sebastian Sinclair