3 important laws could revolutionize the industry

The ongoing “crypto week” in the US representative house is intended to advance progress for three important crypto laws. The week has already started well. Yesterday, the Bundesbank authorities published a joint statement that leads banking organizations in the secure provision of crypto-asset protection services.

In the coming days, US legislators will check the Genius Act, Clarity Act and the anti-CBDC Surveillance State Act. All three laws represent significant progress for the industry.

US crypto week: 3 laws could revolutionize the industry

The most remarkable law that is checked is the guiding and establishment National Innovation for Us StableCoins Act (Genius Act). It aims to take a regulatory framework for Stablecoins to accomplish.

In June, the US Senate passed the draft with cross-party support. Loud Politico It is expected that the House of Representatives will vote on it on Thursday.

After that, the law will land on the desk of US President Donald Trump, who has already shown his willingness to sign.

“The campaign of the House of Representatives marks a historical milestone in our efforts to create a clear, innovative-friendly framework for digital assets. I praise my colleagues in the House of Representatives for the promotion of stablecoin legislation and I look forward to the fact that the Genius Act comes into force”, said Chairman Tim Scott.

Optimism in retail about the law is also high. Data From Polymarket, a predictive platform, show a 94 percent probability for its farewell. While the law is supposed to boost the StableCoin market and legitimize the wealth class, it could also have a significant impact on Ethereum (ETH).

Ethereum Is the main platform for stable coins, so regulatory changes or improvements in connection with stable coins could benefit directly from increasing its use or acceptance.

“The Genius Act becomes trillions of stablecoins Ethereum bring – all the largest banks in the world become Ethereum to use. When the genius act is adopted, ETH increases. Ethereum = World book. ETH = world reserve assets ”, posted Bankless-CEO Ryan Sean Adam.

The second law is the Digital Asset Market Clarity Act. The division of responsibility between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Clares Commission (CFTC) in relation to the regulation of digital assets.

In June, the law received strong support from both the House Financial Services Committee and from the Agricultural Committee. Now the legislators will vote on the Clarity Act on Wednesday.

“I would like to thank my colleagues in the congress and the Trump administration for their partnership and leadership and am ready to work with the Senate, while they are working on driving an independent market structure legislation by the end of September,” noted Chairman French Hill.

Finally, the House of Representatives will also vote on the anti-CBDC Surveillance State Act on Wednesday. The law aims at the Federal Reserve the Edition of a central bank digital currency (CBDC) to ban.

The anti-CBDC Act deals with concerns about potential state surveillance and aims to protect individual privacy. If there is a vote in the House of Representatives, the law will pass to the Senate.

“The adoption of stable coin and market structure laws together with a CBDC ban will ensure that the USA will win the web3 race. This package promotes the innovation and development of web3 companies here in the United States, protects consumers from fraud and enables us to surpass our opponents to ensure that America dominates the future of blockchain technology,” added MPs Bryan steep.

The proposed laws reflect a growing consensus on the need for clear framework conditions to support the crypto industry, while at the same time ensuring consumer protection and innovation. The result of these laws could significantly shape the future of regulating digital assets and the role of the United States in the global crypto ecosystem.