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Rep Patrick McHenry on Crypto's Big Week in DC

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Navigating Cryptocurrency Legislation

This chapter discusses pivotal legislation surrounding cryptocurrency in Washington D.C., particularly the FIT for the 21st Century Act, set for a House vote. It explores the evolving political landscape as crypto issues gain traction ahead of the 2024 elections and reflects on the bipartisan support for regulatory changes. Emphasizing the need for clear regulations, the conversation highlights the challenges startups face in defining digital assets and the SEC's regulatory stance.

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