US Edition"Crypto Week" in Congress.
UNITED STATES, JUL 21 – The GENIUS Act and CLARITY Act establish the first federally regulated stablecoin system with bipartisan support, aiming to protect investors and integrate digital assets into the US financial system.
- On Friday, President Donald Trump signed the GENIUS Act, creating the first U.S. stablecoin framework.
- In June, the Senate passed the GENIUS Act 68–30, and on Thursday the House followed with a 308–122 vote under July 14's 'Crypto Week'.
- In addition, stablecoin issuers must hold reserves and follow AML laws, and Treasury is charged with issuing strict crypto regulations within three years.
- He noted SEC Chair Paul Atkins praised the GENIUS Act's progress, saying stablecoins could reduce market risks and settlement times.
- Research firm Bernstein predicts Bitcoin could hit $200K by early 2026, forecasting this bull cycle to be long and exhausting.
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Montana Free Press
Cryptocurrency News | Cryptocurrency Prices | Market CapHow much does Montana’s congressional delegation hold in crypto assets?
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GOP's 'Crypto Week' descends into record-breaking congressional chaos and mounting frustration
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US Senate releases draft crypto market structure bill
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JPMorgan Prepares to Accept Bitcoin and Ethereum as Loan Collateral
Sources close to the matter told Financial Times that the bank may allow clients to take out loans using cryptocurrencies like Bitcoin and Ethereum as collateral — potentially starting in 2026. While CEO Jamie Dimon remains publicly critical of Bitcoin, the bank has gradually opened its doors to digital assets, previously exploring ETF-linked lending and facilitating crypto access for clients. Though custody remains off the table, the institutio…
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