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WE-Launch
United States "Crypto Week" Three Key Legislative Updates: The "GENIUS Act" Expected to Receive Final Vote Tomorrow
BlockBeats News, July 17th, the latest developments on the three major related bills during the U.S. "Crypto Week" are as follows:
The GENIUS Act aims to establish a clear regulatory framework for stablecoins. It has now passed the House debate and entered the formal deliberation stage, with the final vote scheduled for July 18th;
The CLARITY Act aims to clarify the classification of digital assets, regulatory responsibilities, and compliance pathways. It has not yet passed the House debate and, if successful, will proceed to a final House vote;
The Anti-CBDC Surveillance State Act aims to prohibit the U.S. from creating a central bank digital currency. It has not passed the House debate yet but has secured a commitment to include anti-CBDC provisions in the National Defense Authorization Act.
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