Fate of crypto, CBDC bills unclear as US Congress heads into recess
Briefly

Three crypto bills passed through the House, signaling a push for regulatory clarity in the digital asset industry. The GENIUS Act, which regulates payment stablecoins, received bipartisan support and was signed into law by President Trump within a day. The Digital Asset Market Clarity Act and the Anti-CBDC Surveillance State Act will move to the Senate for consideration as lawmakers prepare for recess. Republican senators are prioritizing a crypto market structure bill to set rules for regulators and clarify which tokens are classified as securities.
The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed with bipartisan support and was signed into law by Trump within 24 hours.
The Digital Asset Market Clarity (CLARITY) Act and the Anti-CBDC Surveillance State Act are headed to the Senate for consideration before the August recess.
Read at cointelegraph.com
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