Ex-Congressman Patrick McHenry Says Crypto Industry Blew Its Best Chance to Pass CLARITY Act

TLDR: Patrick McHenry says crypto groups rejected workable compromises while pursuing perfect legislation. The former chairman admits he shares responsibility for the CLARITY Act’s legislative failure. McHenry says political pressures and Democratic opposition derailed a promising September compromise. Democrats are expected to control Congress in January 2027, creating fresh regulatory challenges. Former House Financial Services [...]

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