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Rep Patrick McHenry on Crypto's Big Week in DC

Bankless

Crypto Legislation and Congressional Dynamics

23min Snip

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Congressman Patrick McHenry discusses major crypto legislation, including the SAB 121 repeal and the SEC decision on Ethereum ETF. The chapter explores the political dynamics surrounding the repeal of a major regulation in the Biden administration, highlighting Democrats voting against their own party's regulations. It emphasizes the significance of recent legislative developments in Congress regarding cryptocurrency and the importance of clear definitions and regulations for digital assets.

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