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Fortune

Leo Schwartz

Key House committees team up on bill that would provide clarity to crypto markets

Crypto SEC Patrick McHenry Agriculture ATS House Financial Services NC

Rep. Patrick McHenry (Credit: Drew Angerer—Getty Images)

After Congress narrowly avoided a debt ceiling calamity, two House committees are turning their attention back to crypto legislation.

On Friday, House Financial Services and Agriculture, chaired by Patrick McHenry (R-N.C.) and Glenn Thompson (R-Pa.), respectively, released a discussion draft for a digital asset market structure bill that would add clarity to agency oversight and coordination for overseeing the industry.

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