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Podcast

Rep Patrick McHenry on Crypto's Big Week in DC

It's gonna be a big week
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May 21, 2024 • 1 min read

This is a huge week for crypto in DC and we have on Congressman Patrick McHenry to tell us all about it.

Three big things:
1) SAB 121 repeal bill going to Biden’s desk - will he let it pass or veto?
2) SEC approve/deny Ethereum ETF - decision due thursday.
3) House vote on FIT bill you’ve been championing - well talk about that bill.

Stand with Crypto: https://www.standwithcrypto.org/politicians

TIMESTAMPS

TIMESTAMPS
00:00 Start
04:05 Introduction to Congressman McHenry
05:11 Crypto in DC Temp Check
07:34 Generational vs Partisan Divide
12:57 Has Biden's Crypto Sentinent Changed?
16:46 FIT 21 Act
20:10 Security vs Commodity
23:18 Startups Becoming Commodities
26:34 Why Should Congress Support?
29:22 Why Patrick Cares About Crypto
33:25 Stablecoin Legislation
35:37 Will Crypto Still Be Under Attack?
38:24 Trump vs Biden Crypto Policies
40:41 How To Get Involved


RESOURCES


Patrick on X: https://x.com/PatrickMcHenry

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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