Patrick T. McHenry
Add An Item To Patrick T. McHenry's Record
Patrick T. McHenry's Record on Bitcoin, Cryptocurrencies, and Blockchain
- 6/23/2023, 10:47:36 PM
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Representative McHenry Tweeted:
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Representative McHenry Tweeted:
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Reference LinkSubmitted By: Anonymous - 6/23/2023, 10:43:07 PM
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Representative McHenry Tweeted:
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Reference LinkSubmitted By: Anonymous - 6/23/2023, 10:41:59 PM
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Representative McHenry Tweeted:
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Reference LinkSubmitted By: Anonymous - 6/23/2023, 10:40:52 PM
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Representative McHenry Tweeted:
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Reference LinkSubmitted By: Anonymous - 6/23/2023, 10:39:45 PM
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Representative McHenry Tweeted:
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Reference LinkSubmitted By: Anonymous - 6/16/2023, 2:49:23 PM
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Representative McHenry Tweeted:
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Reference LinkSubmitted By: Anonymous - 6/14/2023, 10:28:11 PM
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Representative McHenry Tweeted:
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Reference LinkSubmitted By: Anonymous - 6/14/2023, 10:12:04 PM
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Representative McHenry Tweeted:
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Reference LinkSubmitted By: Anonymous - 6/13/2023, 8:24:05 PM
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Representative McHenry Tweeted:
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Reference LinkSubmitted By: Anonymous - 2/16/2023, 8:00:31 PM
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Rep McHenry Tweets: Yesterday's @SECgov action on qualified custodians is clearly part of the Biden Administration's attack on the digital asset ecosystem. Let me be clear: the future of the digital assets is a major political and economic question that must be decided by Congress.
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Reference LinkSubmitted By: Anonymous - 2/9/2022, 6:02:47 PM
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Rep. McHenry calls for clear regulations for the cryptocurrency industry: '“We need legislation. We agree on that,” said Rep. Patrick McHenry (N.C.), the top Republican on the House Financial Services Committee who has championed the innovative potential of cryptocurrencies for years. “Regardless of what some may believe, it’s our job on Capitol Hill to develop legislation to direct regulatory action,” he continued. “With nearly a quarter of American adults now invested in crypto, we must move quickly to put in place a framework that clearly defines the rules of the road.”'
Reference LinkSubmitted By: Anonymous - 8/29/2021, 4:17:17 PM
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Emmer Leads Bipartisan Blockchain Caucus Letter to the IRS Ahead of Tax Day Urging Virtual Currency Guidance: "Guidance is long overdue and essential to proper reporting of these emerging assets. The bipartisan support this letter has received should send a clear message to the IRS that clear guidelines for reporting virtual currency are necessary." Said Emmer, "My colleagues and I are optimistic that the IRS will issue the guidance needed for taxpayers struggling with these reporting requirements." Signers include Bill Foster (D-IL), David Schweikert (R-AZ), Darren Soto (D-FL), Patrick McHenry (R-NC), Jim McGovern (D-MA), French Hill (R-AR), Terri Sewell (D-AL), Warren Davidson (R-OH), Stephen Lynch (D-MA), Ted Budd (R-NC), Eric Swalwell (D-CA), Trey Hollingsworth (R-IN), Ed Perlmutter (D-CO), Greg Gianforte (R-MT), Josh Gottheimer (D-NJ), Mark Meadows (R-NC), Lance Gooden (R-TX), Matt Gaetz (R-FL), Ted S. Yoho, D.V.M. (R-FL), and Bryan Steil (R-WI).
Reference LinkSubmitted By: Anonymous - 8/19/2021, 8:31:06 PM
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Rep. McHenry is the sponsor of the Eliminate Barriers to Innovation Act of 2021 Introduced in House (03/08/2021) Eliminate Barriers to Innovation Act of 2021 This bill requires the Securities and Exchange Commission and the Commodity Futures Trading Commission to jointly establish a working group on digital assets. The working group must (1) report on the impact of the U.S. legal and regulatory framework on the digital asset market; and (2) provide recommendations regarding digital asset market fairness and integrity, cybersecurity standards, and the reduction of fraud and manipulation.
Reference LinkSubmitted By: Anonymous - 8/19/2021, 8:26:20 PM
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Reps. Patrick McHenry (R-N.C.) and Glenn Thompson (R-Pa.) said Securities and Exchange Commission Chair Gary Gensler’s recent comments on increasing crypto regulation, and a letter Gensler sent Sen. Elizabeth Warren (D-Mass.) that the SEC needs more authority to regulate cryptocurrency, provide a “concerning roadmap for regulatory actions that will have long-term implications.” In an open letter to Gensler and acting Commodity Futures Trading Commission Chairman Rostin Behnam, the congressmen said that “rather than regulate innovation and job creation out of this country, we should promote an active dialogue between regulators and market participants.” The two noted that this is the goal of H.R. 1602, the Eliminate Barriers to Innovation Act of 2021, which passed the U.S. House of Representatives in April. The two said that lawmakers and regulators should work together to balance protecting innovation with any new regulations to “ensure the digital asset marketplace flourishes in the United States.”
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