#Fed June Meeting Minutes

Against the backdrop of Bitcoin's rise to a new historical high of over $123,000 on Monday, July 14, the "Crypto Week" has begun in the US Congress, where authorities plan to adopt a number of bills related to cryptocurrencies. Although some lawmakers criticize the initiatives, experts surveyed by Reuters expect that the passage of these laws will have a positive impact on the crypto market.
"Historically, it has been the case that when legislators advance industry initiatives, institutional sentiment improves. We expect that capital, which had previously withdrawn from the market due to regulatory uncertainty, will return," said Jag Kuner, head of derivatives at the cryptocurrency exchange Bitfinex.
The "Crypto Week" was announced by the Republican part of the House of Representatives in early July. It is expected that from July 14 to 18, the authorities will consider three cryptocurrency bills: the GENIUS Act ( regulating stablecoins ), the CLARITY Act ( regulating the crypto market ), and the Anti-CBDC Surveillance State Act ( on the oversight of the digital dollar from the Federal Reserve ).