The House of Representatives has passed a landmark cryptocurrency bill, winning bipartisan support and moving to the Senate for consideration. The bill aims to create a tailored disclosure and registration regime for digital-asset companies. House Financial Services Chair Patrick McHenry is urging the Senate to pass the bill before the November presidential election. McHenry, who played a significant role in the bill's passage, has guaranteed that the crypto sector will get its law by 2025. The Senate's next steps for the landmark #FIT21 and possible vehicles for stablecoin legislation are also under discussion. U.S. Senator Ron Wyden has expressed support for the House's efforts but noted that it may be late in the session for the Senate to make significant progress.