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U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
10.5.2024
The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial...
House Poised to Vote on Erasing SEC Crypto Policy While President Biden Vows Veto
8.5.2024
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto...
House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
30.4.2024
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing...
Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again
30.4.2024
Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to a Democratic aide
Stablecoin Bill Could be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
25.4.2024
U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday "We are on our way to getting a stablecoin bill in the short run.”
Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl
12.4.2024
The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported
Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’
11.4.2024
Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward clear regulations. Two Pieces of Legislation Could...
Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year
9.4.2024
The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
26.3.2024
As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are demanding the Securities and Exchange Commission (SEC) explain what it means to do about this...
Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
20.3.2024
U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote
US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps
8.2.2024
Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued “repeated warnings about the lack of oversight of the digital asset markets,” the lawmakers detailed...
House Financial Services Committee Members Demand More Time to Debate New Digital Payment Proposal
2.2.2024
Leading members of the U.S. House Financial Services Committee, Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood, have requested an extension of the public comment period for the CFPB’s proposed rule on digital consumer payment applications. This...
House's McHenry Won't Seek Reelection, Costing Crypto a Top Ally: Politico
5.12.2023
Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday
Patrick McHenry Is Dragging Crypto Bills Through Congress
4.12.2023
The bowtied chairman of the House Financial Services Committee has shown persistence in the face of increasing partisanship on crypto issues
U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules
16.11.2023
A letter by a bipartisan group of U.S. lawmakers has urged the U.S. Treasury to revise its proposed digital-assets taxation regime
Lesser-known Johnson Wins Speaker Job as Crypto-focused Lawmakers Return to Old Roles
26.10.2023
After several failed attempts, Republicans in the U.S. House of Representatives dug deep into their roster to elevate a less prominent and less controversial lawmaker, Rep. Mike Johnson (R-La.), as the new Speaker of the House
Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker
21.10.2023
Tom Emmer has been "making calls" to secure a nomination for the Speaker role, and it could be a boon for the crypto sector if he were to be voted in
Crypto-Friendly Congressman McHenry Assumes Speaker Role – Here's the Latest
4.10.2023
Crypto-friendly congressman Patrick McHenry has temporarily assumed the role of US House Speaker after Kevin McCarthy was ousted by Congress.
On Tuesday, McCarthy was voted out as House Speaker in a House of Representatives vote, marking the first successful ousting of a sitting speaker...
Crypto-friendly Patrick McHenry takes interim House Speaker position
4.10.2023
Eight Republicans voted against Republican Representative McCarthy, making it the first time in U.S. history that the House Speaker has been ousted by Congress
Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
4.10.2023
Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there