Major Moves in US Crypto Assets Regulation: Five Key Bills Advance, Industry Landscape to be Reshaped

The regulations related to Crypto Assets in the United States are rapidly advancing. On July 4th, the "Large and Beautiful Act" was passed in the House of Representatives. The fiscal expansion policy under the current macroeconomic context may affect the market's confidence in the US dollar and US Treasury bonds, while tax cuts and fiscal stimulus measures have created a relatively loose environment for Crypto Assets.

At the same time, the "Genius Act" and the "Clarity Act", focusing on stablecoins and market structure, are currently under review in the House of Representatives. These two bills are expected to make significant progress during the special "Crypto Assets Week" on July 14.

Currently, the five main Crypto Assets-related bills being reviewed by the U.S. Congress cover multiple aspects, including stablecoin regulation, market structure, and tax policy. The advancement of these bills will have a profound impact on the future development of the Crypto Assets industry.

It is worth noting that in the formulation and promotion of these bills, lawmakers need to balance the relationship between innovation and regulation. On one hand, they must provide a clear legal framework for the Crypto Assets industry, and on the other hand, they must also ensure financial stability and investor protection.

As these bills gradually advance, the regulatory landscape for Crypto Assets in the United States is gradually taking shape. This will not only affect the development of Crypto Assets domestically but may also play a leading role in global Crypto Assets regulatory trends. Industry insiders and investors should closely monitor the progress of these bills in order to adjust their strategies and expectations in a timely manner.