McHenry is even hopeful of getting President Joe Biden to sign off on the bill over the next 12 months
The U.S. House Financial Services Committee will put together legislation to oversee the crypto sector in the “next two months”.
Congress has so far been unable to get comprehensive legislation on crypto passed, despite a number of bills making progress on Capitol Hill last year.
The Committee Chair, Patrick McHenry, is even hopeful of getting President Joe Biden to sign off on the bill over the next 12 months.
“What we plan to do over the next two months is report a deal out,” McHenry said at Coindesk Consensus 2023.
“We’re going to have public hearings for the next couple of months and build out a bill that does what’s necessary to bring clarity to digital assets.”
