Add as a preferred source on GoogleMcHenry Says Crypto Industry Missed Its Best Chance to Pass the CLARITY Act
McHenry said he shares part of the blame and discussed shortcomings among lawmakers and industry participants, as well as how the industry should prepare for Democrats to take control of Congress in January.
Former House Financial Services Committee Chairman Patrick McHenry said he shares part of the blame for the stalled CLARITY Act, while arguing that the crypto industry missed its best opportunity to pass the market-structure legislation.
McHenry discussed why the bill stalled and shortcomings among lawmakers and crypto industry participants. He also addressed how the industry should prepare for Democrats to take control of Congress in January.
The next Congress will face the broader unresolved debate over U.S. crypto market-structure rules.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.