House’s Patrick McHenry Would not Look for Reelection, Costing Crypto a Major Ally: Politico

As McHenry, the chairman of the Residence Fiscal Solutions Committee, continues to shepherd two significant items of digital property laws towards flooring votes in the Home of Associates, his determination could established a clock on having that endeavor accomplished. Rep. French Hill (R-Ark.), the chair of that panel’s crypto-focused subcommittee, has by now indicated that progress on the costs – one to control U.S. stablecoin issuers and a person to create procedures for the broader crypto marketplaces – will change into the initially months of following calendar year.