US President Donald TrumpThe optimism, which started with the tax reduction package, which was expected to sign on July 4, was moved to the “Crypto Money Week” on 14-18 July. The Genius law, CLARITY law and anti-CBDC Surveillance State Law, which will be discussed in the House of Representatives that week, promise clear rules, unattended digital dollar obstacles and incentive packages for innovation. Bitcoin $109,658.18 In the light of these expectations, he approached the historical summit by exceeding $ 110,000, albeit for a short time, and investors predict that if these three laws are approved, the price may jump to 120 thousand dollars.
GENIUS Act and the aim of strengthening the dollar
Passing through the Senate Genius lawWill be presented to the parliamentary vote on 14 July. The bill is to include the Crypto currencies indexed to the US dollar in the ratio of 1: 1, in other words, to include the stablecoins in the US financial system and to keep the export holders treasury bills. will direct. Objective by Trump Wing crypto currency To strengthen the reserve money status of the dollar by increasing the dollar demand in the market.
The general expectation is that the bill will be accepted quickly. Tether The fact that large exporters such as the US are already turning to US bonds shows that the market has begun to pricit the bill. Supporters are safer stablecoin While suggesting the argument, critics argue that it is compromised by decentralization.
CLARITY AND ANTI-CBDC Act in Parliament
At the commission CLARITY Actcrypto currencies aim to end the securities or commodity dilemma. The bill draws a flexible frame for the classification of Coins and consumer protection. OLD CFTC President Tom Massad Although the language of the law is open to interpretation, the Republicans give a signal of support.
Anti-CBDC Surveillance State Law The FED aims to precisely prevent the central digital dollar. Although the bill has not made progress in the last months, Trump’s anti -CBDC attitude is symbolic at the base of the party. The law does not impose restrictions on US citizens who use the digital money of foreign central banks. Therefore, the effect may be limited to the political message.
Crypto Money Week Discussing the three bills at the same time in the process will clarify the division in Washington. If all law bills are approval, the structure of a net regulation signal and the dollar -supported stablecoins can strengthen the expectation of a new bull in the market.
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.
