US House accelerates digital asset legislation... 'Crypto Week' begins on the 14th

The US House of Representatives is expected to accelerate legislation related to digital assets. To this end, a week will be designated as 'Crypto Week' starting on the 14th (local time) to process key bills.

According to Decrypt on the 3rd (local time), Republican Representatives French Hill, chair of the House Financial Services Committee, and GT Thompson, chair of the House Agriculture Committee, announced in a joint statement that the following three main bills would be the focus during 'Crypto Week': △CLARITY Act (digital asset market structure bill) △Anti-CBDC Surveillance State Act △GENIUS Act (stablecoin regulation bill).

Representative French Hill said, "For years, we have been pursuing legislative activity on digital asset regulation, and now we are able to push forward bills that provide consumer protection and a clear regulatory framework," adding, "These bills include provisions that fundamentally prohibit the Fed from issuing a CBDC."

Representative GT Thompson also commented, "We have repeatedly heard the market's demand for a clear regulatory regime for the digital asset ecosystem," and emphasized, "The digital asset market structure bill, prepared jointly by the House Financial Services and Agriculture Committees, will provide that answer."