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When the House of Representatives wanders a day, the Chamber will devote its full schedule to what Republican leaders call “encryption week”, a coordinated batch of voting on three prominent digital assets bills: the Activity Act that was deported in the Senate, and Ackite Ascet (Maraition). The majority leader, Steve Scales, threw the moment in terms of sweeping, saying that the package “also (s) the president’s agenda supporting and pro -business business, and provides a clear regulatory framework for digital assets.”

The debate between the Republicans erupted late last week when the Republicans in Ohio Warren Davidson warned in the position of X that the sequence chosen by party leaders could bring in reverse results. “The encryption week next week at home,” is books On July 11. “The Senate genius law must be modified to regulate Stablecoins … instead, they want to pass it without amendments … without prohibiting the biological diversity agreement, the structure of CBDC delivery will be in place, and will not protect anything from self -bodies. For this reason, I will oppose the law of genius.”

The main fear of Davidson is that the narrower Stablecoin bill will sail to the president’s office while the broader structure in the market and CBDC measure the procrastination in the Senate, leaving what it calls a “hollow” frame in its place. This episode reveals a rift between members who get gradual victories-especially federal laws in Stablecoin, which many of the pressure groups have sought by many pressure groups for years-and legislators with liberal tendencies who see a CBDC prohibition and explicit protection of self-hosted governor as existential.

What does every encryption bill do, and where do you stand?

Stablecoins. The Genius Act, which has cleared the Senate 68-30 in June, will require any source of encoders to retain reserves “supported by the American currency or other similar liquid assets” and spread a monthly collapse of these reserves. Since the draft law has already passed the upper room, the vote of the clean house will send it directly to President Trump, who publicly promised to sign.

CBDCS. The CBDC (HR 1919) Federal Reserve Law will prevent the “use of a central bank to the Central Bank to implement monetary policy” and prohibit any CBDC for sale with retail issued by FED. The draft law was submitted by the committee in May, but it lacks the Senators’ companion with 60 votes required to overcome Filibuster – specifically the Davidson bottleneck and other skeptics.

Market structure. The 236-page clarity law provides for three-buckets-base, commodities, and “permissible payment”-and last two of the legal definition of security. Note the department’s summaries separately that this measure directs SEC and CFTC to write the books of parallel rules and create temporary registration systems for exchange, brokers and losers. Unlike the genius, clarity has not yet been dealt with in the Senate; Tim Scott, head of the banking committee, promised a “at the end of September” hearing, but there is no legislative text in that room.

Democrats, who were pivotal in sending a genius via the Senate, pointing to more clear resistance in the House of Representatives. Representative Maxine Waters, the democratic classification in financial services, mocked the Republican Party brand as “anti -profit corruption week”, describing all the three dangerous bills of encryption legislation.

Legislative DrumbEat coincided with a new rise in bitcoin above $ 121,000 and gathered in Altcoins. The independent trader CAS ABBé summarized the mood via X: “The United States has set from 14 to 18 July as a” encryption week “… It is expected to be passed in 2025, which will achieve the way for a large gathering.”

At the time of the press, the maximum Crypto market reached $ 3.75 trillion.

Distinctive image created with Dall.e, Chart from TradingView.com

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