US Crypto Week: House go Vote for CLARITY, GENIUS & CBDC Ban
From July 14 to 18, di US House of Representatives go host Crypto Week. Dem go vote for three bipartisan bills: di Digital Asset Market Clarity Act (CLARITY) wey go define di roles for SEC and CFTC, di GENIUS Act for federal stablecoin oversight, and di Anti-CBDC Surveillance Act wey go ban any US central bank digital currency. Di GENIUS Act don pass Senate and e fit become di first big crypto law wey President Trump go sign. Di House get hearing about crypto tax on July 16. During Crypto Week, traders go dey watch these legislative moves well well for legal clarity on digital assets, wey fit cause market volatility and affect market trends.
Neutral
Regulatory clarity bills wey dem get for Crypto Week suppose reduce legal wahala for digital assets, wey fit make ground better for long term by encouraging institutional palava. For short term, votes on CLARITY, GENIUS, and Anti-CBDC act plus crypto tax hearing fit make market shake around important dates. While stablecoin oversight and clear SEC/CFTC roles support market arrangement, arguments on CBDC privacy and any presidential conflict of interest dey limit immediate upside. Overall, these things balance positive and negative matter, making impact neutral.