INSUBCONTINENT EXCLUSIVE:
use the week of July 14 to 18 to look over a crypto market structure bill, a stablecoin bill and a bill on central bank digital currencies
comes as President Donald Trump said last month that he wants the stablecoin-regulating GENIUS Act passed as soon as possible, before
GENIUS Act over its own similar bill known as the STABLE Act, which the House Finance Committee passed in May but has yet to see a full
the Senate for a vote to approve the changes.Lawyers at Troutman Pepper Locke said last Tuesday that the House and Senate may form a
sent to Trump.A notable difference between the bills is around oversight, as the STABLE Act stipulates strict federal oversight of
advanced it on June 10 to put it before the full House.The bill, which still needs to pass the Senate, stipulates the jurisdiction that the
Securities and Exchange Commission and the Commodity Futures Trading Commission have over crypto.It would require most types of crypto
White House crypto policy adviser, expects the CLARITY Act to quickly pass the House
building, which includes a crypto exchange, stablecoin and multiple crypto tokens.GOP bill aims to ban CBDCsThe last bill the House will
consider is the Anti-CBDC Surveillance State Act, which has an identical bill in the Senate in a bid to speed up the legislative
able to test, develop, create or issue a digital currency in any form and stop the central bank from offering financial products directly to
after it passed the House in May 2024.Emmer revived the bill in the current Congress, and the House Finance Committee passed its version of
