U.S. Congress simply circled the week of July 14 and slapped “Crypto Week” on it. Crypto Week will likely be a week-long U.S. vacation. God bless America. *claps*
The Home will spend the week debating three payments that might reshape crypto regulation and whether or not the U.S. nonetheless needs to be a critical participant in crypto innovation. If handed, they might lastly give the business the framework it’s been begging for.
In the meantime, a brand new crypto presale is making headway and will skyrocket throughout Crypto Week.
DISCOVER: Finest New Cryptocurrencies to Put money into 2025
US Crypto Week: CLARITY Act Brings Lengthy-Awaited Regulatory Certainty
Washington is lastly attempting to cease enjoying Calvinball with crypto legislation. The CLARITY Act proposes a easy repair to carve digital property into three classes: commodities, securities, and stablecoins, and assign every to the fitting company.
It’s a technique meant to kill the paradox that’s made the U.S. a regulatory minefield for crypto corporations.
As an example, 
BTC ▲0.84%, labeled as a “digital commodity,” would come beneath the CFTC’s jurisdiction, whereas tokens resembling conventional securities would stay with the SEC.
Moreover, a dual-track registration system is ready to supply extra flexibility for crypto platforms to register with the related company.
GENIUS Act Caters to Stablecoin Innovation
Handed by the Senate, the GENIUS Act is ready to deliver stablecoins beneath federal command. It units the bottom guidelines for who can mint them, how they’re backed, and what oversight seems like when issues go sideways.
The upshot is:
- Makes stablecoins legally legit so long as they do issues like proving reserve backing.
- There will likely be much less of authorized obstacles to creating your personal legally compliant stablecoin.
As soon as the GENIUS Act is signed into legislation, varied entities will start to exchange legacy programs with stablecoin-based programs wherever it’s economical to take action. Ideally, quickly, somebody will supply worldwide funds that arrive in seconds as a substitute of days. This goes to drive everybody else to adapt or die.
Framed as a firewall in opposition to monetary surveillance, the Anti-CBDC Surveillance State Act would cease the Fed from distributing a digital greenback to people.
Crypto Week Standout: TOKEN6900 Raises $220K as Crypto’s First Non-Corrupt Token
One token set to go viral throughout Crypto Week is TOKEN6900, which is seven days deep into presale and already has $220,000 within the bag. It claims to be the primary Non-Corrupt Token (NCT), and in contrast to most tasks, which may really imply one thing.
No mint button. No insider stash. No angel spherical. 80% of TOKEN6900 goes to public presale, and once they say the value jumps in two days, it does.
Whereas central banks disguise behind coverage jargon and print money into oblivion, TOKEN6900 is a pure distillation of web hype and irony, priced at $0.00645… for now.
There’s no thriller right here. TOKEN6900 isn’t constructing the following layer of civilization. It’s not disrupting finance. It’s a meme, and it says so proudly.
In a world the place central banks rewrite actuality whereas the numbers rot, that type of blunt-force honesty is the rarest asset of all.
GET IN ON THE TOKEN6900 HYPE NOW
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Key Takeaways
- U.S. Congress simply circled the week of July 14 and slapped “Crypto Week” on it.
- One token set to go viral throughout Crypto Week is TOKEN6900, which is seven days deep into presale and already has $220,000 within the bag.
The publish Lawmakers Plan Bullish Move: US Crypto Week This July 14 to Tackle Major Bills appeared first on 99Bitcoins.
