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“Wicked Hot Summer” for Crypto Laws? U.S. Gears Up!
Former U.S. Rep. Patrick McHenry predicts a "wicked hot summer" in Congress as new crypto laws take shape. Now a16z advisor, he sees a rare opportunity to push through strong legislation, especially around stablecoins.
A brewing battle between Tether (USDT) and Circle (USDC) may shape the final outcome. While Congress debates, regulators like the CFTC warn implementation could take over a year. Still, crypto keeps moving.
McHenry’s message? Seize this moment before regulators stall innovation.
