Crypto Week Dey Spark US Mining Rules Through Three Key Acts
For July 2025 Crypto Week, US House don push three bills wey dem wan use set clear rules for crypto mining. The GENIUS Act wey dem sign into law on July 18, dey give tax breaks and e make permit process easier by calling mining sites critical infrastructure. The Clarity Act want set clear regulations for stablecoins and crypto custody, make asset conversion stable and protect miners money. The Anti-CBDC Surveillance State Act wan block any Fed CBDC, to defend Bitcoin decentralized style and keep demand for mining. These moves dey address high energy cost and uncertainty wey big miners like Marathon Digital Holdings and Riot Platforms face. BTC climb pass $100,000 reach $123,000 on July, and companies like Iris Energy and TeraWulf fit enjoy incentives for using renewable energy. Now, Crypto Week talks dey go the Senate, where if dem pass am, US fit become top global mining hub, wey fit challenge Russia and South Africa. Traders suppose watch how mining rules dey change, as proper framework fit reduce compliance cost, boost investment for sustainable infrastructure, and make market trust digital assets more.
Bullish
Di klar mining rules wey dem advance during Crypto Week dey reduce regulatory wahala and e open road for tax incentives and infrastructure investment. Historically, clear regulations—like di introduction of clear ICO guidelines in 2017—don increase trader confidence and capital flows. Short-term, miners fit increase operations to take advantage of tax breaks under GENIUS Act. Long-term, structured mining regulation and stablecoins framework fit reduce compliance costs, attract institutional investors, and push sustainable energy projects. Senate approval still dey important, but people dey already expect say the legislation go support, and e dey make mining stocks and Bitcoin trading dey bullish.