Patrick McHenry during his congressional tenure was a vocal proponent of crypto regulation and stablecoin oversight, laying the groundwork for today’s regulatory environment
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During his time as a lawmaker, he adopted a friendly stance toward cryptocurrency and introduced legislation to help regulate the industry, such as a bill regulating stablecoins
During that time, he advocated for legislation to supervise the emerging industry, including a bill to regulate stablecoins, the flagship product of Ondo
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