Home’s Patrick McHenry Will not Search Reelection, Costing Crypto a Prime Ally: Politico

by Jeremy

As McHenry, the chairman of the Home Monetary Companies Committee, continues to shepherd two important items of digital property laws towards flooring votes within the Home of Representatives, his resolution may set a clock on getting that activity achieved. Rep. French Hill (R-Ark.), the chair of that panel’s crypto-focused subcommittee, has already indicated that progress on the payments – one to manage U.S. stablecoin issuers and one to determine guidelines for the broader crypto markets – will shift into the primary months of subsequent yr.

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