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Patrick McHenry

Proposed Digital Asset bill would weaken protections and open door to unregistered players: lobby letter
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17 July, 2023

Proposed Digital Asset bill would weaken protections and open door to unregistered players: lobby letter

Signatories of the DAMS Draft bill argue that the proposed legislation would slash regulatory oversight of the highly volatile digital...
US House to vote on digital asset bill giving CFTC greater power
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23 June, 2023

US House to vote on digital asset bill giving CFTC greater power

The bill will clip the SEC’s authority over digital assets, with the CFTC taking a more prominent role, including jurisdiction...
US House hearing pumps CFTC, dumps SEC, achieves little
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7 June, 2023

US House hearing pumps CFTC, dumps SEC, achieves little

The new bill aims to carve out clearly defined roles for both the CFTC and the SEC and stop the...
New Republican digital asset framework introduces strict definitions for ‘decentralization’
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6 June, 2023

New Republican digital asset framework introduces strict definitions for ‘decentralization’

Republican lawmakers have revealed a proposed digital asset bill that intends to clarify the responsibilities of the SEC and the...
US House hearing on stablecoins highlights divided approach to regulation
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22 May, 2023

US House hearing on stablecoins highlights divided approach to regulation

The hearing is part of renewed attempts by lawmakers to reach a consensus on a bill that would address stablecoin...