Investing.com -- Republican House leaders expect to pass a stablecoin regulatory bill this week, marking the first major digital assets legislation to reach the president’s desk.

The vote kicks off what supporters have dubbed "Crypto Week," a series of votes on crypto-related measures in Congress.

"The golden age of digital assets is here," said Representative Bryan Steil, a Wisconsin Republican who chairs a House subcommittee on crypto and has been a vocal industry supporter. Industry supporters hope the legislation will encourage wider adoption of dollar-denominated stablecoins.

The House plans to vote on two additional industry-backed bills this week. One would establish broader market structure rules for cryptocurrency, while another would prohibit the Federal Reserve from issuing its own digital currency.

President Donald Trump has made digital assets regulation a key priority for his second term, stating that the United States will become the "crypto capital" of the world. Trump’s family has launched its own crypto ventures, which has drawn criticism from Democrats.