Attention, This Date is Important: Declared as Cryptocurrency Week in the USA! Here are the Expected Events

The U.S. House of Representatives declared the week of July 14 as "Crypto Week." It was announced that three important crypto legislations, such as the GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance State Act, will be put to a vote in the lower house this week.

Republican officials from the Financial Services Committee announced that the Committee Chairman Rep. French Hill, Agriculture Committee Chairman G.T. Thompson, and House Leadership have designated this week as "Crypto Week."

The latest information regarding the bills was as follows:

• GENIUS Act: In June, it was approved by a large majority in the Senate, marking an important step towards stablecoin regulation.
• CLARITY Act: It envisions a clear distinction between regulatory bodies such as the SEC and CFTC by classifying digital assets as securities or commodities.
• Anti-CBDC Act: Aims to provide a measure against the widespread surveillance/government control mechanisms of digital currencies linked to the central bank.

The Parliament is preparing for next week’s single-session "crypto marathon." With this critical vote, it is expected that the U.S. will create a comprehensive legislative package that includes both stablecoin and overall crypto regulations regarding digital assets.

The Parliament plans to send these laws to Trump's desk after voting on them; this means a quick legislative process before the summer holiday in August.