According to TechFlow, the U.S. House of Representatives passed a bill proposed by Republican Congressman Zach Nunn, which plans to set up a cryptocurrency anti-terrorism and anti-money laundering task force under the Treasury Department. Although the bill was unanimously passed by the House Financial Services Committee, it lacks a corresponding bill in the Senate and is less likely to become law.

Meanwhile, the cryptocurrency industry is actively seeking the support of Vice President Kamala Harris. The Digital Chamber sent an open letter to Harris, calling on the Democratic Party to include a pro-crypto stance in its platform and choose a pro-crypto running mate.