Key Highlights McHenry warned that language used by Waters could signal legislation harmful to cryptocurrency firms. McHenry acknowledged that separating stablecoin rules from the CLARITY Act weakened the bill’s path to passage. Despite his concerns, McHenry said on November 9, 2026, that an anti-crypto bill would likely fail in the incoming Democratic House. McHenry Warns ...
Key Highlights: Representative Maxine Waters is drafting a Democratic digital asset market structure bill aimed at defining party policy on cryptocurrency regulation. Key Senate committees handling financial markets, agriculture, and taxation remain hurdles, with leadership involving Senator Elizabeth Warren, Senator Ron Wyden, and potentially Senator Sherrod Brown. Waters stated her legislative agenda includes efforts to ...
Key Highlights: Congressional Democrats are preparing a comprehensive cryptocurrency bill that could be introduced when the new Congress convenes on January 3, 2027. The draft proposal seeks to expand the SEC’s oversight powers over digital assets while limiting the authority of the CFTC, building upon investor protection measures first proposed by Representative Maxine Waters. Hunter ...