House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum

House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler’s agency already knew it considered Ethereum’s ether a security before he attended a hearing and declined to answer that question.

Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again

Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again
Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to a Democratic aide.