This week, the House of Representatives is expected to vote on several cryptocurrency regulatory texts.

After years of procrastination and a series of legislative proposals that went unheeded, Congress is working hard on this issue before the parliamentary recess on 24 July. Among the three texts examined, the GENIUS Act establishes a legislative framework for stablecoins, cryptocurrencies backed by a traditional currency. These digital currencies are considered to be the safest and the least volatile because their parity with a traditional currency is theoretically assured. They are also the ones that, in general opinion, have the best utility potential for the general public, well beyond the speculative investment offered by bitcoin. The GENIUS Act, adopted in the Senate in mid-June, requires stablecoin issuers to maintain reserves that are at least equivalent to the total value in circulation, in the form of assets that can be quickly mobilized such as bank deposits or treasury bills

The CLARITY Act makes the Supervisory Authority for Financial Products So-called Derivatives, the CFTC, the main regulator of cryptocurrencies in the United States. Central to this, digital currencies are no longer considered financial securities, but as dematerialized assets