In a pivotal shift during mid‑July “Crypto Week,” the U.S. House passed three landmark bills. The GENIUS Act—which already passed the Senate—sets a reserve, audit, and transparency regime for stablecoin issuers and now awaits the president’s signature. Simultaneously, the CLARITY Act defines which regulatory body oversees digital assets, while the Anti‑CBDC Surveillance State Act aims to block Federal Reserve-issued CBDCs. Supporters claim these laws drive clarity and innovation, but critics warn of potential political conflicts and weakened consumer safeguards.
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