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How Crypto Advocates Are Defending Ooki DAO

At DC Fintech Week last week, Rep. Patrick McHenry (R-N.C.), the ranking member of the committee, said he and Chair Maxine Waters (D-Calif.) agreed on how they defined the term “stablecoin” and what the components of the asset include, but suggested that there’s still work to be done on other issues like how to assign a federal regulator.