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US House Passes National Defense Act Containing Crypto Provision, Awaits Senate Approval — CoinDesk

US House Passes National Defense Act Containing Crypto Provision, Awaits Senate Approval — CoinDesk

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The Senate nonetheless has to vote by itself model of the invoice earlier than the 2 legislative teams convention to reconcile their respective variations. All of Congress should vote on the ultimate invoice. The provision, inserted by Rep. Patrick McHenry (R-N.C.), seeks to advertise U.S. worldwide competitiveness by clarifying how cryptocurrencies are regulated.

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