The United States encryption legislation accelerates, with five major bills jointly advancing the regulatory framework.

The United States is accelerating the formulation of laws related to Crypto Assets. On July 4, the "Big and Beautiful Act" was passed in the House of Representatives. The current context of fiscal expansion may drop market confidence in the dollar and U.S. Treasury bonds, while tax reduction policies and fiscal stimulus measures create a more lenient macro environment for Crypto Assets.

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

Currently, the U.S. Congress is reviewing five major bills related to Crypto Assets. These bills cover various aspects, from stablecoin regulation to market structure reforms, aiming to provide a clearer legal framework for the Crypto Assets industry. With the advancement of these bills, the regulatory landscape for Crypto Assets in the U.S. is expected to be further improved.

This series of legislative actions indicates that the U.S. government is actively responding to the challenges and opportunities presented by Crypto Assets. By formulating relevant regulations, the government hopes to promote innovation, protect investor interests, and ensure the stability of the financial system.

With the advancement of these bills, the Crypto Assets industry may welcome new development opportunities. However, the specific impacts will need to be fully assessed after the bills are finally passed and implemented. Industry insiders and investors are closely monitoring these legislative processes to timely adjust their strategies to adapt to the new regulatory environment.