Three important encryption bills will be reviewed in the US House of Representatives in mid July

BlockBeats News: On July 4th, the Republican leadership in the US House of Representatives announced plans to review three important digital currency related bills during the week of July 14th. include: ·GENIUS stablecoin bill (Senate approved version) · Digital Asset Market Clarity Act · Proposal to restrict the Federal Reserve from issuing central bank digital currencies It is worth noting that although the House of Representatives has previously drafted its own stablecoin bill (STANLE bill), in order to accelerate the legislative process, it will prioritize the review of the GENIUS bill version that has already been passed by the Senate. The Digital Asset Market Clarity Act will clarify the regulatory responsibilities of the SEC and CFTC for cryptocurrencies and strengthen requirements for investor protection.