Senator Tim Scott stated that the House’s decision to designate mid-July 2025 as “Crypto Week” marks a historic milestone in efforts to deliver a clear, pro-innovation framework for digital assets, and he looks forward to seeing the GENIUS Act enacted into law

News event
Claim

Date

July 3, 2025

Quotes that support claims

“The House’s action marks a historic milestone in our efforts to deliver a clear, pro-innovation framework for digital assets. I commend my colleagues in the House for advancing stablecoin legislation, and I look forward to seeing GENIUS enacted into law," added Chairman Tim Scott (R-SC). “Under President Trump’s leadership, we have a real opportunity to cement American dominance in digital asset innovation while protecting consumers and preserving financial freedom. I look forward to working hand in hand with the House to usher market structure legislation through the Senate and ensure the United States leads the future of digital assets.”

Tags

Week 27 of 2025
07/03/2025

Referenced by

Innovation narrative & legislative process

Crypto news

Data block