Odaily Planet Daily News The Republican Party of the U.S. House of Representatives announced that the week of July 14 will be designated as "Cryptocurrency Week", focusing on reviewing three key crypto legislation, including the GENIUS Stablecoin Act passed by the Senate, the market structure bill "Clarity", and proposals against central bank digital currencies (CBDCs). This move is aimed at promoting the Trump administration's digital asset agenda and strive to complete legislative delivery by August. The GENIUS Act requires stablecoins to be fully backed by liquid assets such as the U.S. dollar, and stipulates that issuers with a market value of more than $50 billion must be audited annually. This agenda is seen as an important node for the comprehensive clarification of U.S. crypto policies. (The Block)