17 July 2025 | Bitcoin | Ethereum

Trump's ‘crypto week’ advances stablecoin regulation — Bloomberg

Trump's ‘crypto week’ advances stablecoin regulation — Bloomberg

Bloomberg reports that President Donald Trump's announced "crypto week" featured the longest procedural vote in US House of Representatives history. The initiative, supporting cryptocurrency development, includes advancing a stablecoin bill that would establish federal oversight of dollar-pegged digital currencies.

The legislation requires issuers to maintain dollar reserves in short-term government debt or equivalent assets. Having already passed the Senate last month, the bill now awaits House approval before potentially reaching Trump's desk for signature.

This development could mark a major regulatory breakthrough for cryptocurrencies, according to Bloomberg. The increased clarity may pave the way for the House to consider broader digital asset market structure rules in future sessions.

Elena Berseneva MarketCheese
Period: 31.05.2026 Expectation: 4500 pips
Selling EURUSD from resistance
20 March 2026 35
Period: 27.03.2026 Expectation: 900 pips
USDCAD resistance looms as overheating sets in
20 March 2026 39
Period: 27.03.2026 Expectation: 1050 pips
AUDCAD thrives on monetary divergence
20 March 2026 27
Period: 31.03.2026 Expectation: 800 pips
Buying Brent crude with $115 in view
20 March 2026 45
Gold sell
Period: 31.03.2026 Expectation: 600 pips
Selling gold upon breaking $4,560
20 March 2026 43
Period: 30.04.2026 Expectation: 2000 pips
SPX selloff to follow once it consolidates below $6,600
20 March 2026 23
Go to forecasts