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The American House of Representatives is preparing for what the Republican leadership has been called “Crypto Week,” legislative pressure Planned from next Monday to Friday, which could transform the future of regulation of digital assets in the country.
This week’s episode Insight on the size of the bytes examines the political shares of these accounts, the efforts of lobbying in the field and whether Bipartisan support is sufficient to enforce legislation through the target line.
The legislators are expected to discuss and potentially vote Three high -ranking accounts: Clear Act, which would define regulatory supervision on markets of markets; a brilliant act that creates a frame for stablecoins and has already cleaned Senate; and the CBDC supervision law that would forbid the creation of a digital currency of the US central bank.
Clarity for crypto
Mason Lynaugh, the community director of Stand with Crypto, the non -profit organization of the advocacy supported by Coinbase, stressed that the crypto industry considers this moment to be urgent and potentially decisive.
“We see some incredible dynamics, incredible attention and focus and bipartisan support as a topic.”
“But the urgency is very real … While we have momentum, we have to make sure we will complete this mission,” Lynaugh said.
Just a few days before convening a congress, stand with a crypto and more than 65 other companies and groups of advocacy submitted a letter It urges the legislators of the house to support the Clarity Act. Lynaugh recognized the growing political temperature around the crypt.
Related: Ripple CEO, former US regulatory bodies to deal with market structure in hearing of the Senate
He added that the Clear Act deals with long -term questions about regulatory jurisdiction and consumer protection. “This bill concerns all questions about what SEC does? What does CFTC do? How do the tokens look? How is decentralization?”
Crypto and policy
“It is really unfortunate that people have tried to politicize crypto,” he said. “When you cut the noise and look at the numbers … this is a broadly bipartisan theme.”
The effort to mobilize the group has increased in recent months. “We have more than 50 million Americans who own a crypto,” Lynaugh said, pointing to 2.2 million stands with crypto advocates and more than 70,000 e -mails sent to US senators recently.
Given that the Clarity Act and other accounts facing a narrow window before re-recruitment may be the next week the brightest shot of the crypto industry that has so far shaped the US law.
Yet the bets remain high. Lynaugh warned the legislature:
“If you don’t pass it on … All the questions we’ve been for years will not be answered.”
Listen to the whole Insight episode about the size of the bytes for the whole conversation on the Podcast Cainelegraph page, Apple podcasts or Spotify. And don’t forget to see a number of other Cainelegraph shows!
Magazine: American risks is a “leading run” to a bitcoin booking of other nations – Samson Mow
