JUST IN: The 🇺🇸House vote PASSES to advance the 3 crypto bills:✅GENIUS Act✅Clarity Act✅Anti-CBDC Act https://t.co/nwMMxwXYwk ...

BREAKING: US House advances Genius Act, Clarity Act, and Anti-CBDC Act 🔥 ...

JUST IN: 🇺🇸 US House advances Crypto Genius Act, Clarity Act & Anti‑CBDC Act. ...

BREAKING: House will pass all three Bitcoin and crypto bills (Genius Act, Clarity Act, and Anti-CBDC Act) over the next two days https://t.co/RZIF5BVNDr ...

Digital Currency - Bank of England Governor Bailey expresses skepticism regarding the necessity of a digital pound CBDC [1] - Governor Bailey cautions against the potential for stablecoins to weaken fiat currencies [1]

🇺🇸 UPDATE: House procedural vote on key crypto bills fails amid GOP CBDC concerns.Trump says another vote on GENIUS & CLARITY Acts expected after Oval Office talks. https://t.co/wZAyRtMvIT ...

Core Viewpoint - The article discusses the U.S. government's push for stablecoins as a strategic move to enhance innovation in digital finance, increase demand for U.S. Treasury bonds, and maintain the dollar's dominance in the global economy, particularly in the context of rising geopolitical risks and competition from other countries' digital currencies [1][6][12]. Group 1: Encouraging Innovation - The U.S. aims to solidify its leadership in technology and finance by establishing regulatory frameworks for stablecoins, which are seen as essential for the development of a new financial ecosystem [4][5]. - The introduction of stablecoin legislation is intended to foster innovation while protecting consumers and ensuring the U.S. remains competitive in the Web3 space [4][5]. Group 2: Increasing Demand for U.S. Treasury Bonds - There has been a significant decline in foreign ownership of U.S. Treasury bonds, dropping from 14.6% in 2011 to 4.9% by the end of 2024, raising concerns about "de-dollarization" [8][9]. - The U.S. government plans to link stablecoins with Treasury bonds to boost demand, with stablecoin issuers like Tether and Circle already holding substantial amounts of U.S. debt [10][11]. Group 3: Rebuilding Dollar Dominance - Emerging economies are seeking alternatives to the dollar, prompting U.S. officials to advocate for stablecoins as a means to counteract "de-dollarization" and promote "re-dollarization" [12][13]. - Stablecoins are viewed as a way to maintain the dollar's status as the global reserve currency, especially in high-inflation countries where residents are increasingly turning to dollar-pegged stablecoins for savings [13][14]. Group 4: Trump Family Interests and the Crypto Industry - The Trump family has significant financial ties to the crypto industry, with investments leading to substantial wealth increases, which influences the push for favorable policies towards stablecoins [15][16]. Group 5: Legislative Pathways - The U.S. Congress is advancing several key pieces of legislation aimed at establishing a regulatory framework for stablecoins, including the GENIUS Act, CLARITY Act, and Anti-CBDC Monitoring Act [18][20][21]. - These laws are designed to create a transparent and compliant environment for stablecoin issuance, ensuring that they are fully backed by high-quality liquid assets [19][22]. Group 6: Challenges and Global Implications - The article highlights the potential for stablecoins to become a "new offshore dollar," but also notes the risks associated with their cross-border use and the regulatory challenges posed by different jurisdictions [26][30]. - Concerns are raised about the financial vulnerabilities of stablecoins, particularly in the context of their connections to traditional banking systems and the potential for systemic risks during market downturns [31][32].

🇺🇸 LATEST: The House will vote today on debate rules for the GENIUS, CLARITY, and Anti-CBDC bills, with final votes expected tomorrow or Thursday. https://t.co/kgapqKzvUa ...

Regulatory Landscape - The U S Crypto Week (July 14–18) will see Congress review three key bills: CLARITY, Anti-CBDC, and GENIUS Acts [1]

Well, Bitcoin has been on a tear in 2025, up nearly 15% and notching all-time highs. But comparatively, altcoins, they have lagged with the market vector digital asset 100 small cap index showing over $300 billion of market value wiped out. For more, I want to bring in Noel Aches, who is the author of crypto is macro now Substack.Great to have you here with us. So, first just just take us into your assessment of why altcoins are seeing this move while Bitcoin is notching new record highs over the course of ...