The United States accelerates the promotion of Crypto Assets legislation, five important bills will impact industry development.

The United States is accelerating the legislative process related to Crypto Assets. On July 4th, the House of Representatives passed the "Big and Beautiful Act." In the current environment of fiscal expansion, the market's confidence in the dollar and U.S. Treasury bonds may be affected. However, tax reduction policies and fiscal stimulus measures have created a relatively loose macro environment for Crypto Assets.

Meanwhile, the "Genius Act" and "Clarity Act" regarding stablecoins and market structure are under consideration in the House of Representatives. These two acts are expected to make significant progress during the "Crypto Week" on July 14.

Currently, the U.S. Congress is reviewing five important bills related to Crypto Assets. These bills cover various aspects such as Crypto Assets regulation, stablecoin management, and market structure standards, aiming to provide a clearer legal framework for the Crypto Assets industry.

As these bills progress, the development environment of the U.S. Crypto Assets industry may undergo significant changes. Legislators are attempting to find a balance between encouraging innovation and protecting investors to ensure the healthy development of the Crypto Assets market.

Industry insiders generally believe that the introduction of this series of bills will bring more compliance requirements to the Crypto Assets industry, but it may also provide a more stable legal foundation for the long-term development of the industry. However, the specific impact still needs to wait for the final version of the bills and the formulation of implementation details.