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US lawmakers are hopeful about approving crypto regulations before the upcoming November elections
4 weeks ago 1 min read

US lawmakers are hopeful about approving crypto regulations before the upcoming November elections

Legislators in the United States are hopeful that they may enact major crypto legislation before the November elections, and this includes Senator Cynthia Lummis and Congressman Patrick McHenry. McHenry thinks that the change in leadership from Kevin McCarthy to Mike Johnson as House Speaker has accelerated legislative progress, creating unique chances to adopt legislation pertaining to crypto in a year when elections are taking place. He has high hopes for two legislation that would regulate stablecoins and improve the crypto market: the Keep Innovation in America Act and the Clarity for Payment Stablecoins Act. In line with the Biden administration’s