<ul data-eligibleForWebStory="false"><li>The US House has designated July 14 as 'Crypto Week' to expedite decisions on digital money regulations, including stablecoins and a potential central bank digital currency.</li><li>Republicans are aiming to solidify former President Trump's crypto plan before August, focusing on bills like the GENIUS Act that requires stablecoin backing with USD or liquid assets.</li><li>Another bill, the Digital Asset Market Clarity Act, seeks to clarify regulatory responsibilities between the SEC and CFTC to protect investors and enhance the US market's competitiveness.</li><li>Additionally, Majority Whip Tom Emmer proposed a bill to prevent the Federal Reserve from introducing a retail-facing central bank digital currency, citing concerns over privacy and surveillance.</li></ul>

Crypto Goes Political: Republicans Unveil Plans In Landmark ‘Crypto Week’

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