House Advances Crypto Bills Amid Internal Dissent
The U.S. House of Representatives recently advanced several cryptocurrency bills despite internal dissent, highlighting the ongoing challenges in establishing a regulatory framework for digital assets. The House Rules Committee passed a rule allowing debates on these bills, a move met with opposition primarily from the Freedom Caucus due to concerns over Central Bank Digital Currencies (CBDCs).
Speaker of the House, Mike Johnson, emphasized the importance of legislative timing, stating that while dissenting votes were anticipated, it was crucial to present the bills on the floor to progress. This underscores the critical role of timing in the advancement of crypto policy. Key figures, including Johnson, are championing the policy…
