US Crypto Week kicks off with ‘Dictator’ stablecoin amendment on the table






The House of Representatives is set to vote on three crypto-related pieces of legislation before Congress goes on recess.

The US House of Representatives is scheduled to consider amendments to three crypto-related bills this week addressing central bank digital currencies (CBDCs), digital asset market structure and payment stablecoins.

On Monday, the Republican-led House Committee on Rules will meet to discuss the Anti-CBDC Surveillance State Act, the Digital Asset Market Clarity (CLARITY) Act and the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, as part of the partyโ€™s โ€œcrypto weekโ€ push.

Discussions of the three bills included several amendments submitted by Democratic lawmakers to address what they called crypto โ€œcorruptionโ€ in the US government.

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