The legislation would tell the U.S. secretary of commerce to officially cheer for domestic blockchain technology, though its path toward becoming a law is uncertain.
Rep. Patrick McHenry (R-N.C.), arguably one of the crypto industry's most important advocates in Congress, has decided not to seek another term, he announced in a post on X (f...
Rep. Patrick McHenry, the chairman of the House Financial Services Committee who has shepherded crypto legislation this year, said he's decided not to run again next year.
Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.
A top official has asked members of Congress for new laws to extend the Treasury's crypto reach beyond its existing enforcement and sanctions abilities.
Lawmakers agreed to an amendment from Tom Emmer, a senior House member and vocal crypto supporter, to insert an SEC-blocking provision in their government spending plan.