U.S. House to Vote on Key Cryptocurrency Bills During Crypto Week

According to Foresight News, the U.S. House of Representatives is set to vote on three significant cryptocurrency bills during the upcoming 'Crypto Week.' The bills include the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act. The CLARITY Act has recently sparked controversy, with the DeFi community accusing the CME Group of attempting to amend the bill's provisions to protect its dominance in the futures market, potentially hindering the growth of decentralized trading protocols. In response to lobbying efforts by organizations such as the DeFi Education Fund, lawmakers have reinstated crucial protections for decentralized developers. Meanwhile, the Senate is preparing to release its market structure discussion draft and will hold hearings focusing on the federal regulation of digital commodities.