A group in the U.S. House of Representatives will initiate a vote on the cryptocurrency bill in the coming weeks

ChainCatcher News: Patrick McHenry, the chairman of the U.S. House Financial Services Committee, stated during a hearing on Tuesday that he intends to hold a committee vote on a comprehensive bill in the coming weeks to establish a regulatory framework for cryptocurrency products. He indicated that a proposal is expected to be submitted for the committee's consideration after lawmakers reconvene on July 11.

Previous report: U.S. House Financial Services Committee Chairman Patrick McHenry and House Agriculture Committee Chairman Glenn GT Thompson released a legislative discussion draft aimed at providing a statutory regulatory framework for digital asset regulation, offering clarity, filling regulatory gaps, promoting innovation, while ensuring adequate consumer protection. (Source link)