House Committee on Financial Services Declares Week of July 14th As ‘Crypto Week’

The U.S. House is declaring the week of July 14th as “Crypto Week,” as three major crypto-related acts will be considered by Congress.

According to a new announcement from the U.S. House Committee on Financial Services, the CLARITY Act, the Anti-CBDC Surveillance State Act and the Senate’s GENIUS Act will all be considered by Congress during Crypto Week.

Says U.S. House Committee on Financial Services Chairman French Hill,

“We are taking historic steps to ensure the United States remains the world’s leader in innovation and I look forward to ‘Crypto Week’ in the House. After years of dedicated work in Congress on digital assets, we are advancing landmark legislation to establish a clear regulatory framework for digital assets that safeguards consumers and investors, provides rules for the issuance and operation of dollar-backed payment stablecoins, and permanently blocks the creation of a Central Bank Digital Currency (CBDC) to safeguard Americans’ financial privacy.

I thank my colleagues in Congress and the Trump Administration for their partnership and leadership and stand ready to work alongside the Senate as they work to advance standalone market structure legislation by the end of September.”

Added Speaker of the House Mike Johnson,

“House Republicans are taking decisive steps to deliver the full scope of President Trump’s digital assets and cryptocurrency agenda.

During ‘Crypto Week,’ the House looks forward to the timely consideration of three landmark pieces of legislation: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act. I commend the close partnership between the Financial Services and Agriculture Committees and the leadership of Chairmen French Hill and GT Thompson, and I look forward to President Trump signing them into law.”

 

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