The acceleration of cryptocurrency legislation in the United States presents a new regulatory landscape with five proposed bills.

The United States is accelerating the advancement of legislation related to Crypto Assets. On July 4th, the "Great and Beautiful Act" was passed in the House of Representatives. The current backdrop of fiscal expansion may weaken market confidence in the dollar and U.S. Treasuries, while tax reduction policies and fiscal stimulus measures have created a more relaxed macro environment for Crypto Assets.

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

Currently, the U.S. Congress is considering five key bills, each targeting different aspects of the Crypto Assets industry. These bills cover a wide range of topics, from stablecoin regulation to market structure reform, aiming to establish a clearer and more comprehensive regulatory framework for the digital assets space.

Lawmakers are working hard to strike a balance between protecting investors, promoting innovation, and maintaining financial stability. The advancement of these bills indicates that the U.S. government is taking the regulation of Crypto Assets seriously and is trying to establish clear rules for this rapidly developing industry.

As these bills undergo further discussion and revision, participants and observers in the Crypto Assets industry are closely monitoring the legislative process. The final form and implementation of these bills will have a profound impact on the Crypto Assets ecosystem in the United States and globally.