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The President Will Sign Crypto Legislation Within 12 Months: Cynthia Lummis, Patrick McHenry

Crypto-supportive Republican policymakers Patrick McHenry and Cynthia Lummis provided the latest updates on digital asset legislation at Consensus 2023 – and they’re highly optimistic. 

The former believes President Biden will have signed the first bill into law directly forming rules around cryptocurrency within the next 12 months. 

During their panel discussion on Friday, Lummis began by clarifying that the next installment of her digital asset regulation bill, the Responsible Financial Innovation Act, will be presented before the Senate within the next 6 to 8 weeks

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