News with the tag "Rep. Patrick McHenry"

Representatives from both houses of the U.S. Congress have indicated progress toward the introduction of a stablecoin bill within the current legislative year. Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.) provided updates on the status of this potential legislation during Coinbase’...

According to US Congressman Patrick McHenry, the next revolution in internet technology is poised to be built on the foundations of Bitcoin and blockchain. Serving North Carolina’s 10th district, McHenry has become a notable advocate for cryptocurrencies, particularly Bitcoin, hailing it as the game...

Rep. Patrick McHenry (R–N.C.), chair of the House Financial Services Committee, announced during the Consesus 2023 event that a new bill to regulate the crypto sector will be put together within the next two months. The legislation follows joint public hearings by the House Financial Services Commit...