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![kbit_xyz Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1788574589192425472.png) K-BIT [@kbit_xyz](/creator/twitter/kbit_xyz) on x 4429 followers
Created: 2025-07-21 13:12:03 UTC

U.S. Regulatory Developments (“Crypto Week”)

🟡“Crypto Week” in Congress: Starting July 14, the House advanced three pro-crypto bills:
GENIUS Act (signed into law July 18) — mandates stablecoins be fully backed by USD or Treasuries and bans interest-bearing versions.

🟡Clarity Act — assigns regulatory authority over digital assets between CFTC and SEC; passed House, awaits Senate action.

🟡Anti-CBDC Surveillance State Act — prevents Fed from launching central bank digital currency; narrowly passed House.

🟡Big Bang moment: Analysts see these as transformative for U.S. crypto policy, driving Bitcoin’s rally.

🟡Trump’s role: Former President Trump championed the GENIUS Act, framing it as part of an American crypto resurgence.


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**Related Topics**
[clarity](/topic/clarity)
[united states dollar](/topic/united-states-dollar)
[stablecoins](/topic/stablecoins)

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