In today's crypto news, US lawmakers advanced three significant bills aimed at regulating digital assets after an unprecedented nine-hour voting session in the House of Representatives, signaling progress before the August recess. The passed bills include the Digital Asset Market Clarity (CLARITY) Act, which aims to establish a regulatory framework for cryptocurrencies, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, and the Anti-CBDC Surveillance State Act. Almost 80 Democrats supported the CLARITY Act, and over 100 backed the GENIUS Act. Concurrently, the Securities and Exchange Commission (SEC) has delayed its decision on allowing in-kind redemptions for Bitwise’s Bitcoin and Ether spot ETFs, amid criticism of the SEC's prolonged deliberations over crucial crypto regulatory decisions. Additionally, House Republican leaders are pushing to attach a CBDC ban to a must-pass defense spending bill, highlighting ongoing debates within the party regarding the future of digital currencies.

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