Crypto-friendly Rep. Patrick McHenry (R-North Carolina) is leading the U.S. House of Representatives as legislation to regulate digital assets nears the finish line.

- McHenry will temporarily replace Kevin McCarthy (R-CA) while Republicans search for his permanent successor
- The Chairman of the Financial Services Committee is developing several bills on cryptocurrency
- Bills on stablecoins and crypto markets are expected to be voted on next month
- House approval would be a half victory for the crypto sector if the Senate does not approve it