US House to vote on the GENIUS Act, aiming to regulate stablecoins during "Crypto Week."

Cryptocurrency lobbying has raised concerns about its long-term stability. Investors should watch for unsustainable price hikes and weak legislation. During "Crypto Week," the US House is expected to vote on the GENIUS Act, which aims to regulate stablecoins, backing them with assets like US dollars. The bill, with bipartisan support, could boost stablecoin issuance and mainstream adoption but faces criticism for potentially compromising crypto's decentralized nature.