{"id":45982,"date":"2025-07-12T17:00:16","date_gmt":"2025-07-12T14:00:16","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=45982"},"modified":"2025-07-12T14:01:41","modified_gmt":"2025-07-12T11:01:41","slug":"hines-crypto-week-plays-a-critical-role-in-uss-crypto-capital-goal","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/hines-crypto-week-plays-a-critical-role-in-uss-crypto-capital-goal\/","title":{"rendered":"Hines: Crypto Week Plays a Critical Role in US&#8217;s &#8220;Crypto Capital&#8221; Goal!"},"content":{"rendered":"<p data-start=\"218\" data-end=\"544\">The upcoming <strong data-start=\"231\" data-end=\"246\">Crypto Week<\/strong>, scheduled for July 14\u201318, could mark a historic milestone for the future of digital assets in the United States. <strong data-start=\"361\" data-end=\"373\">Bo <a href=\"https:\/\/coinengineer.net\/blog\/chinese-bitcoin-miners-shift-production-to-the-u-s-due-to-trump-tariffs\/\">Hines<\/a><\/strong>, Executive Director of the President\u2019s Council of Advisors on Digital Assets, believes this week will be pivotal in establishing America as the global <strong data-start=\"525\" data-end=\"543\">crypto capital<\/strong>.<\/p>\n<blockquote>\n<p data-start=\"546\" data-end=\"606\">&#8220;Time to Make America the Crypto Capital,&#8221; Says Bo HinesBo Hines stated that this week will play a critical role in the country&#8217;s aim to become the global crypto capital.<\/p>\n<\/blockquote>\n<p data-start=\"608\" data-end=\"884\">In a post shared on X (formerly Twitter), Hines highlighted the legislative momentum behind two key bills: the <strong data-start=\"719\" data-end=\"733\">GENIUS Act<\/strong> and the <strong data-start=\"742\" data-end=\"757\">CLARITY Act<\/strong>. According to him, the GENIUS Act is now heading to the President\u2019s desk, while the <strong>CLARITY Act<\/strong> is moving to the Senate floor.<\/p>\n<blockquote data-start=\"886\" data-end=\"1074\">\n<p data-start=\"888\" data-end=\"1074\">\u201cHuge week ahead \u2014 it\u2019s Crypto Week in the House! GENIUS heads to the President\u2019s desk. CLARITY moves to the Senate. Time to make America the Crypto Capital of the World,\u201d said Bo Hines.<\/p>\n<\/blockquote>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/hines-crypto-week-plays-a-critical-role-in-uss-crypto-capital-goal\/#A_Week_of_Legislative_Milestones_for_Crypto\" title=\"A Week of Legislative Milestones for Crypto\">A Week of Legislative Milestones for Crypto<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/hines-crypto-week-plays-a-critical-role-in-uss-crypto-capital-goal\/#Political_Division_%E2%80%9CAnti-Crypto_Corruption_Week%E2%80%9D\" title=\"Political Division: &#8220;Anti-Crypto Corruption Week&#8221;\">Political Division: &#8220;Anti-Crypto Corruption Week&#8221;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/hines-crypto-week-plays-a-critical-role-in-uss-crypto-capital-goal\/#Experts_These_Bills_Could_Secure_US_Leadership_in_Digital_Assets\" title=\"Experts: These Bills Could Secure U.S. Leadership in Digital Assets\">Experts: These Bills Could Secure U.S. Leadership in Digital Assets<\/a><\/li><\/ul><\/nav><\/div>\n<h3 data-start=\"1076\" data-end=\"1123\"><span class=\"ez-toc-section\" id=\"A_Week_of_Legislative_Milestones_for_Crypto\"><\/span>A Week of Legislative Milestones for Crypto<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1125\" data-end=\"1375\">Last week, the U.S. House of Representatives officially declared July 14\u201318 as Crypto Week. During this period, lawmakers are expected to review and advance three major pieces of legislation aimed at reshaping the digital asset landscape in the U.S.:<\/p>\n<ul data-start=\"1377\" data-end=\"1942\">\n<li data-start=\"1377\" data-end=\"1582\">\n<p data-start=\"1379\" data-end=\"1582\"><strong data-start=\"1379\" data-end=\"1393\">GENIUS Act<\/strong>: A groundbreaking bill that could become the first federal <strong data-start=\"1453\" data-end=\"1467\">stablecoin<\/strong> law in U.S. history. It introduces a comprehensive framework for issuing and regulating dollar-backed stablecoins.<\/p>\n<\/li>\n<li data-start=\"1586\" data-end=\"1753\">\n<p data-start=\"1588\" data-end=\"1753\"><strong data-start=\"1588\" data-end=\"1603\">CLARITY Act<\/strong>: Aims to resolve regulatory uncertainty by clearly defining the roles of the <strong data-start=\"1681\" data-end=\"1688\">SEC<\/strong> and <strong data-start=\"1693\" data-end=\"1701\">CFTC<\/strong> in overseeing cryptocurrencies and digital markets.<\/p>\n<\/li>\n<li data-start=\"1755\" data-end=\"1942\">\n<p data-start=\"1757\" data-end=\"1942\"><strong data-start=\"1757\" data-end=\"1793\">Anti-CBDC Surveillance State Act<\/strong>: Proposes a nationwide ban on issuing a <strong data-start=\"1834\" data-end=\"1842\">CBDC<\/strong> (central bank digital currency), with a strong emphasis on protecting Americans\u2019 financial privacy.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1944\" data-end=\"1997\"><span class=\"ez-toc-section\" id=\"Political_Division_%E2%80%9CAnti-Crypto_Corruption_Week%E2%80%9D\"><\/span>Political Division: &#8220;Anti-Crypto Corruption Week&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1999\" data-end=\"2333\">While Crypto Week is gaining traction, opposition is mounting. Democratic Representatives <strong data-start=\"2089\" data-end=\"2106\">Maxine Waters<\/strong> and <strong data-start=\"2111\" data-end=\"2128\">Stephen Lynch<\/strong> have launched an alternative campaign titled <strong data-start=\"2174\" data-end=\"2207\">&#8220;Anti-Crypto Corruption Week&#8221;<\/strong>, opposing both the GENIUS and CLARITY Acts. The movement underscores the growing partisan divide on crypto policy in the U.S.<\/p>\n<h3 data-start=\"2335\" data-end=\"2406\"><span class=\"ez-toc-section\" id=\"Experts_These_Bills_Could_Secure_US_Leadership_in_Digital_Assets\"><\/span>Experts: These Bills Could Secure U.S. Leadership in Digital Assets<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2408\" data-end=\"2633\">Analysts argue that passing the GENIUS and CLARITY Acts would provide the regulatory clarity needed to propel U.S. leadership in the crypto space. <strong data-start=\"2555\" data-end=\"2570\">Bryan Steil<\/strong>, Chairman of the House Subcommittee on Digital Assets, stated:<\/p>\n<blockquote data-start=\"2635\" data-end=\"2803\">\n<p data-start=\"2637\" data-end=\"2803\">\u201cThe Golden Age of digital assets is here. The CLARITY Act will unleash innovation and ensure U.S. dominance in digital assets while protecting consumers from fraud.\u201d<\/p>\n<\/blockquote>\n<p data-start=\"2805\" data-end=\"2923\">Likewise, House Financial Services Chairman <strong data-start=\"2849\" data-end=\"2868\">Patrick McHenry<\/strong>, a strong supporter of the Anti-CBDC bill, emphasized:<\/p>\n<blockquote data-start=\"2925\" data-end=\"3064\">\n<p data-start=\"2927\" data-end=\"3064\">\u201cThis legislation is simple. It prevents unelected bureaucrats from issuing a CBDC that threatens Americans\u2019 right to financial privacy.\u201d<\/p>\n<hr \/>\n<\/blockquote>\n<p data-start=\"2927\" data-end=\"3064\"><i>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<\/i><strong><a href=\"https:\/\/t.me\/coinengineernews\"><i>Telegram,\u00a0<\/i><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\"><i>YouTube<\/i><\/a><\/strong><i><strong>,<\/strong> and\u00a0<\/i><strong><a href=\"https:\/\/twitter.com\/coinengineers\"><i>Twitter<\/i><\/a><\/strong><i><strong>\u00a0<\/strong>channels for the latest\u00a0<\/i><strong><a href=\"https:\/\/coinengineer.io\/news\/\"><i>news<\/i><\/a><\/strong><i><strong>\u00a0<\/strong>and updates.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The upcoming Crypto Week, scheduled for July 14\u201318, could mark a historic milestone for the future of digital assets in the United States. Bo Hines, Executive Director of the President\u2019s Council of Advisors on Digital Assets, believes this week will be pivotal in establishing America as the global crypto capital. &#8220;Time to Make America the<\/p>\n","protected":false},"author":29,"featured_media":45989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[20504,20503,10356,1281,17173,20505,640,14489,2297,39,3310],"class_list":["post-45982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-anti-cbdc-surveillance-state-act","tag-anti-crypto-corruption-week","tag-bo-hines","tag-cftc","tag-clarity-act","tag-crypto-week","tag-fed","tag-genius-act","tag-powell","tag-sec","tag-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hines: Crypto Week Plays a Critical Role in US&#039;s &quot;Crypto Capital&quot; Goal! 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