The US House of Representatives declared the week of July 14 “Crypto Week .. In this process, three important laws on crypto assets and central crypto currencies will be discussed in the Congress. The announcement was made by the Financial Services Committee of the House of Representatives. According to the committee of the committee; CLARITY ACT, Anti-CBDC Surveillance State Act and Senate’s GENIUS ACT arrangements will be opened for discussion. With the designs, it is aimed to regulate crypto beings and to protect financial privacy in the United States.
New laws for crypto assets
French Hill, President of the Financial Services Committee, said in a statement that they aim to maintain the US leading role in innovation in crypto assets. It is planned to establish a clearer framework for the regulation of crypto assets, especially to ensure consumer and investor security. In addition, it is foreseen that open rules for the removal and use of dollar -supported stablecoins. The Congress wants to carry the crypto asset legislation it has been working on for years to a concrete ground.
French Hill: uz We are taking historical steps to maintain innovation leadership and I am looking forward to the ‘Crypto Week’ to be held in the House of Representatives. We are looking forward to the export and functioning of dollar -backed stablecoins in crypto assets, and to protect the financial privacy of American citizens.
Even if Trump’s tax law has passed, Republicans can easily pass crypto money laws.
Steps against CBDC application
Anti-CBDC Surveillance State Act, which is one of the bills, contains substances to prevent the application of crypto currencies directly by the Central Bank. This regulation aims to maintain the confidentiality of the financial information of American citizens. In addition, the expansion of new types of crypto assets is desired to prevent the existing regulatory infrastructure. Some MPs repeated their reservations that central crypto currencies could increase the state surveillance. When China started this in 2021, US politicians had brought many offers, including prevented national athletes from going to China.
Mike Johnson: “Members of the House of Representatives are taking decisive steps to fulfill the agenda of President Trump’s agenda for crypto assets. In Crypto Week, CLARITY ACT, Anti-CBDC Surveillance State Act and Senate will be discussed.
Crypto money laws will be approved
In the statements, the cooperation of the Financial Services Committee and the Agricultural Committee stands out. It was stated that the legal arrangements will be worked with the Senate for the implementation of the regulations. The Senate is planned to progress by the end of September on individual market arrangements for crypto assets. All these steps aim to ensure that the crypto asset market in the USA can operate in a more reliable and probation environment.
Reducing the uncertainties of crypto beings and related financial products can help create an environment that can enjoy both US citizens and international investors. Especially, considering the rapid development of the crypto asset market, innovations to be made within the legal framework are important.
If the regulations come into force, we will see that a balance is established between the protection of consumers and the support of innovations. Moreover, there was not much time for the midterm elections in November 2026. In order to fulfill his promise, Trump needs to use his power to have the majority in both the Senate and the representatives. Even the tax law criticized by the Democrats intensively, we should see that the rules related to crypto are more comfortably in front of Trump for signature. The democrats, who have already seen the voter’s power of crypto currency investors, tend to support this issue to a great extent.
The regulations on digital assets in the United States are carefully monitored for the future of financial markets. In particular, developments in financial privacy and central digital money applications may have significant effects on both the sector and the user. In the future, it is considered that such steps can be taken as an example in the international arena.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
