Washington | Congress is set to debate new US laws this week that could push cryptocurrency assets further into the mainstream, potentially adding to price momentum that drove bitcoin to a record and reigniting concerns that the regulatory fixes will unfairly bolster Trump family ventures.

Republican legislators have dubbed this week “crypto week”. They will push forwards three bills in the House of Representatives to clear up ambiguity in cryptocurrency regulation, promote the use of stablecoins, which are digital currencies pegged to another asset, such as one US dollar, and prevent the establishment of central bank digital coins on privacy grounds.