US Congress Set to Review Three Key Crypto Bills During "Crypto Week," Potentially Reshaping Industry Regulatory Framework

ChainCatcher reports that, according to DLNews, the House of Representatives plans to launch a "Crypto Week" on July 14, during which it will review three major pieces of legislation: the FIT21 Act, the "Payment Stablecoin Clarity Act," and the "Anti-CBDC Surveillance State Act." The FIT21 Act will clarify the regulatory responsibilities between the SEC and the CFTC, the "Payment Stablecoin Clarity Act" will establish a federal regulatory framework for stablecoins, and the "Anti-CBDC Surveillance State Act" aims to permanently prohibit the Federal Reserve from issuing retail central bank digital currencies.

It is noteworthy that the first two bills have already passed the Senate and are now entering the final voting stage in the House. Industry analysts point out that if these bills are ultimately passed, they will not only establish a basic regulatory framework for the U.S. digital asset market, but their policy impact could last for 5 to 10 years. Crypto attorney John Deaton stated that once the bills are signed into law, the likelihood of future government policy changes will be significantly reduced. The market is closely watching the outcome of this vote, which is seen as a pivotal moment in determining the direction of U.S. crypto regulation.