U.S. House of Representatives: Senate may be influenced by multiple Democrats' support for cryptocurrency bill
2024-05-15 23:00:14
Patrick McHenry, chairperson of the US House Financial Services Committee, said the expected vote next week on US cryptocurrency industry regulation legislation will have a significant impact on the position of the US Senate, with particular attention to whether a large number of Democrats support the bill. This follows the passage of a number of cryptocurrency-related bills in the House of Representatives, including the "21st Century Financial Innovation and Technology Act", which is about to be voted on for final approval in the House of Representatives. Although the bill may face challenges in the Senate, McHenry and others are optimistic about the outcome of the House vote, as it concerns the development of the cryptocurrency industry in Washington.
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