As House Republicans embark on a new cross-committee approach to solve jurisdictional overlap that has hampered cryptocurrency bills, a partisan divide may be the next hurdle that legislation addressing the sector needs to clear.
House Financial Services Chairman Patrick T. McHenry, R-N.C., and Agriculture Chairman Glenn “GT” Thompson, R-Pa., said their panels would work together on cryptocurrency legislation in what would be the most substantial cross-committee collaboration on the issue to date.
Both committees claim jurisdiction over digital assets, and each oversees one of the two regulators vying for control of the sector.
