The three major encryption bills in the United States were unanimously passed on July 18, 2025.
They won't call us stinky炒币 anymore😹 Let's put it in simple terms and talk about what these three bills are all about. 1️⃣ The GENIUS Act provides a legal framework for stablecoins, so activities in the crypto space no longer need to be conducted in secret #GENIUSAct The 2️⃣CLARITY Act, SEC and CFTC no longer "compete for territory". In simple terms, this bill is aimed at the SEC – it grants a lot of regulatory power and clarifies who governs digital assets #clarifyact 3️⃣ The "Anti-CBDC Act" narrowly won 219:210, which basically is aimed at the Federal Reserve, prohibiting the Fed from creating a digital dollar! #anticbdc What good things will happen next?
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The three major encryption bills in the United States were unanimously passed on July 18, 2025.
They won't call us stinky炒币 anymore😹
Let's put it in simple terms and talk about what these three bills are all about.
1️⃣ The GENIUS Act provides a legal framework for stablecoins, so activities in the crypto space no longer need to be conducted in secret #GENIUSAct
The 2️⃣CLARITY Act, SEC and CFTC no longer "compete for territory".
In simple terms, this bill is aimed at the SEC – it grants a lot of regulatory power and clarifies who governs digital assets #clarifyact
3️⃣ The "Anti-CBDC Act" narrowly won 219:210, which basically is aimed at the Federal Reserve, prohibiting the Fed from creating a digital dollar! #anticbdc
What good things will happen next?