The Capitol Hill has stirred a wave of legislation on encryption regulation, with several bills set for crucial votes.

[Bitpush] The curtain has officially been raised on the encryption policy week on Capitol Hill. This agenda, originally belonging to the House of Representatives, has escalated into a legislative feast on a national scale. With the Senate Banking Committee preparing a high-level roundtable meeting and soon to release a discussion draft on market structure, coupled with industry organizations densely arranging activities, the war of encryption legislation has ignited throughout the Capitol.

Majority Leader Steve Scalise (Republican-Louisiana) will announce the agenda today, planning to vote on three important Republican-led encryption bills: the "GENIUS Act," the "CLARITY Act," and the "Anti-Central Bank Digital Currency Act." If all goes well, a stablecoin bill without additional provisions may be sent to the White House this week, while the other two bills will be handed over to the Senate. Notable points include:

The "CLARITY Act" and the "Anti-Central Bank Digital Currency Act" are expected to trigger multiple rounds of voting and extended debates if amendments are opened. The House Rules Committee's official website has published some proposed amendments.

This Wednesday, the House Fundraising Committee oversight panel will hold a hearing titled "Making America the World Encryption Capital: Building 21st Century Digital Asset Policy," focusing on tax policy, reporting rules, and innovation incentives.

Senate Banking Committee Chairman Tim Scott (Republican-South Carolina) will host a congressional roundtable on "The Future of Digital Assets" on Thursday morning. Industry leaders including Cardano founder Charles Hoskinson, Algorand founder Silvio Micali, and former SEC Commissioner Michael Piwowar will discuss topics such as regulatory clarity, market compliance mechanisms, and accountability innovation.

Senate version of the "CLARITY Act" - the market structure discussion draft is expected to be released as early as Wednesday. The draft is based on the six-principle framework proposed by the committee last month, advocating for clarification of regulatory authority and the establishment of a modern regulatory system for digital assets.