Ex-House Financial Services Chair McHenry Says Crypto Squandered Best Chance to Pass Clarity Act

Cointime reports: Former U.S. House Financial Services Committee Chairman Patrick McHenry said the crypto industry missed its best opportunity to pass market-structure legislation, acknowledging he bears some responsibility himself. In a candid discussion, McHenry broke down what went wrong with the Clarity Act, the shortcomings of both the industry and lawmakers, and how crypto should position itself ahead of Democrats taking control of Congress in January.