The 'Crypto' Week of the US Congress is here: What to expect?

By Hannah Pérez

The first important legislation on digital assets of the US Congress. Uu. It could be about to approve this week. Genius law, about Stablecoins, is one of the three key projects under review in the Chamber.

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The US House of Representatives will review 3 cryptocurrency projects this week.
Legislators will evaluate the Genius law, Clarity Law and legislation that would prohibit a CBDC.
A historical advance for cryptocurrency regulation in the United States.
Bitcoin could be prepared to extend their rally if these projects are approved this week.

The United States legislators are expected to vote this week on three key cryptocurrency bills, in which Republican representatives have called the “Crypto Week.”

As of Monday 14 and until Friday, July 18, the US House of Representatives will review the first important laws on Congress cryptocurrencies. The bills in question focus on the structure of the cryptocurrency market, stablecoins or stable currencies and digital currencies of the central banks (CBDC).

The Republicans of the Chamber had declared the dates such as the “Week of cryptocurrency” for the consideration of the proposals of law that could help the United States to lead in the field of digital assets.

The cryptocurrency policy has been a key focus area for the administration of Donald Trump, who has already expressed his desire to sign a related legislation before August –starting with a regulation of Stablecoins.

Below are three key legislative pieces to be discussed during the “Crypto Week”.

Genius law —Stablecoins

Genius Law (in English “Guiding and establishing National Innovation for Us Stablcoins Act”), over the Stablecoins, It seeks to establish a regulatory framework for digital assets with fiduciary parity. This is possibly cryptocurrency legislation that has most generated attention in recent weeks due to its recent historical advance in the Senate.

The Genius law defines the stablecoins as digital assets issued for payments or liquidations, redeemable to a default fixed amount (for example, 1 US dollar for Token). Its key measures include reservation requirements and a prohibition that prevents emitters from reusing reserves as a guarantee for other loans.

Clarity Law – cryptocurrency market

Clarity Law o Law of clarity of the digital asset market, it is a bipartisan project that It seeks to establish a clear regulatory framework for cryptocurrencies. The project aims to provide normative clarity, protect consumers, promote innovation and strengthen US leadership in the digital financial sector, especially in the development of technology Blockchain and decentralized finances (web3).

This legislation would prevent federal agencies from using judicial decisions to excessively expand regulatory power, guaranteeing that Congress – and not the courts – defines how cryptocurrencies are classified and supervised.

Anti-CBDC law

The Law of the State of Anti-CBDC surveillance, initially introduced by Republican representative Tom Emmer in February 2023, raises prohibit to the Federal Reserve (FED) to issue a Central Bank digital currency (CBDC)arguing that it could allow government surveillance of the financial activity of the Americans’ and threaten individual privacy.

This regulation would be aligned with the vision of President Trump, who at the beginning of his presidential mandate this 2025, signed an executive order that prohibits the issuance of CBDC promoting instead digital dollars created by US private companies.

Why is it important?

Regulatory efforts mark a radical change for a sector that once threatened to do its business outside the US., Citing a hostile environment and a strict application of the law.

President Trump has urged political leaders to renew their rules, moving away from the position of the previous administration of Joe Biden, with the aim of turning the United States into a global cryptocurrency center.

The agenda announced by the Chamber’s Republicans indicates that this legislative body will focus on the version of the legislation of Stablecoins of the Senate “The law.” Genius–despite the fact that the Chamber had its own legislation nicknamed stable law. Both versions have some differences, including the scope of the regulation and treatment of foreign issuing.

Industry supporters expect this legislation to promote a broader use of stable currencies called in dollars, while Clarity will end a rodeo of many years among the two main financial regulators –The SEC and the CFTC– About which acts effectively supervise and regulate cryptocurrencies.

In particular, most cryptocurrencies would describe as raw materials that must be supervised by the Basic Products Trade Commission (CFTC), considered less severe than the stock and values commission (SEC).

What to expect for the market?

Several observers have indicated that the approval of these laws could help to institutionalize the activity of the cryptocurrency market further, providing legitimacy to the sector and potentially injecting millions of dollars in fresh capital.

The regulation could also position the market of Stablecoinstoday of USD $, for significant expansion, probably experiencing greater institutional adoption for remittances and global payments in general. Tokenized assets is another area that could experience accelerated growth as the clear frames reduce the perceived risks.

Bitcoin (BTC) emerged in price to reach a new historical maximum of USD $ 123,000 this Monday, suggesting that the market anticipates a favorable advance in regulations. The potential approval of a series of bills aimed at strengthening digital assets could create a new positive catalyst for prices.

“This growing optimism suggests that clearer rules could restore confidence and attract caution investors again“, Said Adrian Fritz, head of investigation of 21Sharesto Business Insider. “The approval in the camera It would mark a historical milestone as the legislative package on more complete cryptocurrencies ever approved by a Congress Chamber“.

The analysts of Bernstein, Standard Chartered and Bitwise They agree that Bitcoin It points to an unprecedented price record of USD $ 200,000 this same cycle, partly promoted by the emergence of a favorable regulatory environment.

Hannah Estefanía Pérez / Diariobitcoin

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