The US House Committee will vote in July on significant crypto legislation.
In the July session, committee members will have the opportunity to propose amendments to the text of the bills.
The US House Committee will vote in July on significant crypto legislation. Voters will be asked to approve new regulations governing cryptocurrencies, including the ability for assets to change from being categorized as securities to commodities. Furthermore, a vote on a new stablecoin foundation will be held.
U.S. House committee to vote on crypto, stablecoin legislation in July https://t.co/WtpcTxX2GY
— The Block (@TheBlock__) June 21, 2023
During the second week of July, the two upcoming bills, which have been drafted by Patrick McHenry, the chair of the House Financial Services Committee from North Carolina, and Glenn Thompson, the chair of the House Agricultural Committee, will be created and discussed.
McHenry has also announced a scheduled oversight hearing with Jerome Powell, the