Overview of the progress of three related bills in the United States "Encryption Week": The "GENIUS Act" is expected to have its final vote tomorrow.

On July 17, the latest progress on three related bills in the U.S. "Crypto Week" is as follows: The core of the "GENIUS Act" is to clarify the regulatory framework for stablecoins, which has currently passed the House debate and has entered the formal review stage, with a final vote expected on July 18; The core of the "CLARITY Act" is to clarify the classification of digital assets, regulatory division of responsibilities, and compliance pathways, which has not yet passed the House debate, and if it goes smoothly, it will proceed to the final vote in the House; The core of the "Anti-CBDC Surveillance National Act" is to prohibit the creation of central bank digital currency in the U.S., which has not yet passed the House debate, but has received a commitment to include anti-CBDC provisions in the Defense Authorization Act.