As Crypto Week progresses into its fourth day, US lawmakers from both parties are still at odds over significant cryptocurrency legislation. Debates center around the Clarity Act, the GENIUS stablecoin bill, and the Anti-CBDC Surveillance State Act. Political gridlock is evident, particularly regarding amendments that would prevent government officials from trading cryptocurrencies. Representative French Hill emphasized that the GENIUS bill is vital for American competitiveness, featuring strong consumer protections and anti-money laundering measures. In contrast, Democratic Representative Maxine Waters criticized the bills for lacking clear measures regarding potential conflicts of interest, especially as they pertain to the executive branch's involvement in cryptocurrency. She highlighted that while members of Congress would be prohibited from issuing stablecoins, the president and vice president would not face similar restrictions. This issue, along with concerns related to national security and financial stability, has led to significant contention, potentially jeopardizing the passage of these bills.

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