🚨Big moment for the inevitability of crypto.🚨 Legislative clarity is the foundation for long-term growth, and this week brought real momentum 🇺🇸The House just advanced three major bills: 👉The GENIUS Act passed with 302 votes: this is a massive, bipartisan show of support and is now headed to President Trump’s desk to sign into law. It will set the regulations around stablecoins. This means they have the full faith and credit behind them. 👉The CLARITY Act passed with 294 votes: also with serious bipartisan support. This is the first step on creating clear rules around broader market structure issues, impacting every kind of digital asset. It will be essential as more asset classes come onchain for builders to have clear guidelines of what’s legal. That bill now heads to the Senate, where members on both sides of the aisle stand ready to dig in. 👉The Anti-CBDC Surveillance State Act: also passed the House and is headed to the Senate. This legislation would limit the Fed’s ability to issue a Central Bank Digital Currency (CBDC) without clear Congressional approval. It addresses important privacy questions and it’s just one piece of the privacy issues I think Congress needs to tackle sooner rather than later.
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