In mid-July, three important encryption bills will be reviewed in the U.S. House of Representatives.

On July 4th, the Republican leadership of the U.S. House of Representatives announced on Thursday that it plans to review three important digital money-related bills during the week of July 14th. These include: · GENIUS stablecoin bill (version passed by the Senate) · "Digital Asset Market Structure Clarity Act" · Proposal to restrict The Federal Reserve (FED) from issuing Central Bank digital currency. Notably, although the House had previously drafted its own stablecoin bill (the STABLE Act), it will prioritize the Senate-passed version of the GENIUS bill to expedite the legislative process. The "Digital Asset Market Structure Clarity Act" will clarify the regulatory responsibilities of the SEC and CFTC regarding crypto assets and strengthen investor protection requirements.