US House Don Pass Three Crypto Bills, Dem Propose 401(k) Crypto Investment
For July, di US House don approve three major crypto bills dem: di Digital Asset Market Clarity (CLARITY) Act (294–134) wey clear SEC and CFTC jurisdiction plus make fund dem separate proper; di GENIUS Act (308–122) wey require stablecoins wey get full reserve; plus di Anti-CBDC Surveillance State Act (219–210) wey ban Fed retail CBDC. These crypto bills dey push regulatory clarity and market watch. Di GENIUS Act dey go President Trump, wey fit sign am and give order to allow 401(k) plans put money for crypto. E still nominate Eric Tung go Ninth Circuit Court, move wey e get praise for making compliance sure. Critics dey warn say e get possible systemic risks, so traders suppose dey watch Senate review, NDAA join, and executive moves to check market stability and capital flow.
Bullish
These crypto bills dey provide much-needed regulatory clarity on SEC/CFTC roles, stablecoin reserves, and ban on Fed retail CBDC. Di chance say 401(k) plans go invest for crypto plus pro-crypto judicial nominee dey support institutional adoption well well. For short term, clearer rules go reduce volatility and encourage inflows, and long term, better compliance framework plus wider investor access go likely support sustained market growth.