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In mid-July, three important crypto bills will be reviewed in the U.S. House of Representatives
BlockBeats News, July 4th: The Republican leadership of the U.S. House of Representatives announced on Thursday plans to consider three key cryptocurrency-related bills during the week of July 14th. These include:
· The GENIUS Stablecoin Act (Senate-passed version)
· The Digital Asset Market Structure and Investor Protection Act
· A proposal to restrict the Federal Reserve from issuing a central bank digital currency
It is worth noting that although the House of Representatives had previously drafted its own stablecoin bill (the STABLE Act), to expedite the legislative process, they will prioritize the Senate-passed version of the GENIUS Act.
The "Digital Asset Market Structure and Investor Protection Act" will clarify the regulatory responsibilities of the SEC and CFTC regarding cryptocurrency and strengthen investor protection requirements.
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