Crypto Negotiating Center’s U.S. Lawmakers Predict Digital Asset Law By Next Year

McHenry, who has been debating cryptocurrency legislation in the House of Representatives, argued last week that the overwhelming bipartisan support for the Financial Innovation and Technology for the 21st Century Act (FIT21), which holds more than a third of House members, ensured the outcome. Despite opposition from the White House, Democratic lawmakers are voting in favor. He said the momentum would carry over into the next congressional session in 2025, if necessary, to lift market structure legislation and long-awaited legislation regulating stablecoin issuers.