US lawmakers have chosen Mike Johnson as the new speaker of the House, paving the way for discussions on digital assets and crypto bills.
In a recent vote, Mike Johnson was elected as the new speaker of the U.S. House of Representatives. This pivotal appointment has significant implications, especially for the world of digital assets and cryptocurrencies.
Johnson’s stance on crypto remains a mystery, unlike Representative Tom Emmer, a vocal advocate for digital assets who saw his campaign cut short due to former President Donald Trump’s influence.
With Johnson’s election, the House can now revisit pending legislation related to digital assets, including bills such as the Financial Innovation and Technology for the 21st Century Act, the Blockchain Regulatory Certainty Act, the Clarity for Payment Stablecoins Act, and the Keep Your Coins Act.
These bills hold the potential to shape the regulatory landscape for cryptocurrencies in the United States. However, looming on the horizon is the need for a new spending bill before November 17 to avert a government shutdown, which could add urgency to these discussions.