{"id":31316,"date":"2024-10-23T23:00:05","date_gmt":"2024-10-23T20:00:05","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=31316"},"modified":"2024-10-23T17:21:24","modified_gmt":"2024-10-23T14:21:24","slug":"rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/","title":{"rendered":"Rep. Hill Optimistic About Crypto Bills Advancing During Lame-Duck Congress"},"content":{"rendered":"

Representative French Hill<\/strong>, chair of the U.S. House digital assets subcommittee, believes two major crypto-related bills could make progress before the current Congress disbands. Speaking at DC Fintech Week on Oct. 22, Hill expressed hope that the Financial Innovation and Technology for the 21st Century Act (FIT21) and a stablecoin regulatory framework might move forward during the upcoming lame-duck session, which occurs after elections but before the new Congress begins.<\/p>\n

\"crypto,<\/p>\n

The FIT21 bill, which aims to provide a regulatory framework for digital assets and increase oversight by the Commodity Futures Trading Commission (CFTC), passed the House in May but stalled in the Senate. Meanwhile, the stablecoin bill, introduced by the Patrick McHenry-led House Financial Services Committee, also awaits further action.<\/p>\n

Hill acknowledged that progress on these bills depends on the outcome of the November elections, which will determine the next Congress\u2019s priorities. He also suggested that financial services priorities could be attached to the National Defense Authorization Act (NDAA), a must-pass bill, as a potential strategy for advancing the crypto legislation.<\/p>\n

Might interest you: What is BabyDoge?<\/a><\/em><\/p>\n

If the current Congress fails to pass the bills, Hill emphasized that crypto regulation would be a top priority for the next Congress in 2024. CFTC Chair Rostin Behnam and Tether CEO Paolo Ardoino echoed concerns about the delay in U.S. crypto regulations.<\/p>\n

\n

You can join our Telegram<\/a> <\/strong>channel to not miss the news and stay informed about the crypto world.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Representative French Hill, chair of the U.S. House digital assets subcommittee, believes two major crypto-related bills could make progress before the current Congress disbands. Speaking at DC Fintech Week on Oct. 22, Hill expressed hope that the Financial Innovation and Technology for the 21st Century Act (FIT21) and a stablecoin regulatory framework might move forward<\/p>\n","protected":false},"author":6,"featured_media":31317,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[393,6265,9084,9083],"class_list":["post-31316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-crypto","tag-crypto-bill","tag-french-hill","tag-representive-french-hill"],"yoast_head":"\nRep. Hill Optimistic About Crypto Bills Advancing During Lame-Duck Congress - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rep. Hill Optimistic About Crypto Bills Advancing During Lame-Duck Congress - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Representative French Hill, chair of the U.S. House digital assets subcommittee, believes two major crypto-related bills could make progress before the current Congress disbands. Speaking at DC Fintech Week on Oct. 22, Hill expressed hope that the Financial Innovation and Technology for the 21st Century Act (FIT21) and a stablecoin regulatory framework might move forward\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-23T20:00:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-23T14:21:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/metaplanet-2-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/\",\"name\":\"Rep. Hill Optimistic About Crypto Bills Advancing During Lame-Duck Congress - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/metaplanet-2.png\",\"datePublished\":\"2024-10-23T20:00:05+00:00\",\"dateModified\":\"2024-10-23T14:21:24+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/metaplanet-2.png\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/metaplanet-2.png\",\"width\":2560,\"height\":1440},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rep. Hill Optimistic About Crypto Bills Advancing During Lame-Duck Congress\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Rep. Hill Optimistic About Crypto Bills Advancing During Lame-Duck Congress - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/","og_locale":"en_US","og_type":"article","og_title":"Rep. Hill Optimistic About Crypto Bills Advancing During Lame-Duck Congress - Coin Engineer","og_description":"Representative French Hill, chair of the U.S. House digital assets subcommittee, believes two major crypto-related bills could make progress before the current Congress disbands. Speaking at DC Fintech Week on Oct. 22, Hill expressed hope that the Financial Innovation and Technology for the 21st Century Act (FIT21) and a stablecoin regulatory framework might move forward","og_url":"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/","og_site_name":"Coin Engineer","article_published_time":"2024-10-23T20:00:05+00:00","article_modified_time":"2024-10-23T14:21:24+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/metaplanet-2-1024x576.png","type":"image\/png"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/","url":"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/","name":"Rep. Hill Optimistic About Crypto Bills Advancing During Lame-Duck Congress - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/metaplanet-2.png","datePublished":"2024-10-23T20:00:05+00:00","dateModified":"2024-10-23T14:21:24+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/metaplanet-2.png","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/10\/metaplanet-2.png","width":2560,"height":1440},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/rep-hill-optimistic-about-crypto-bills-advancing-during-lame-duck-congress\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Rep. Hill Optimistic About Crypto Bills Advancing During Lame-Duck Congress"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/31316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=31316"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/31316\/revisions"}],"predecessor-version":[{"id":31318,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/31316\/revisions\/31318"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/31317"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=31316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=31316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=31316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}