House Chair McHenry Forecasts Swift Crypto Legislation Breakthrough Amid Key Talks

Patrick McHenry, Chairman of the House Financial Services Committee, has projected a rapid advancement in U.S. cryptocurrency regulation. This optimistic outlook comes as key discussions are being facilitated by Representative French Hill and House Majority Whip Tom Emmer. The bipartisan negotiations aim to resolve critical issues surrounding the structure and oversight of crypto markets, potentially leading to a regulatory framework deal. McHenry emphasized the urgency, linking legislative clarity to maintaining American leadership in financial innovation and digital assets like Bitcoin (BTC) and Ethereum (ETH). This development signals a significant step toward formal crypto market regulation in the United States.