Former U.S. House Financial Services Committee Chairman Patrick McHenry acknowledges that he bears partial responsibility for the stalling of market structure legislation

Odaily — A Fox Business crypto reporter posted on X that former U.S. House Financial Services Committee Chairman Patrick McHenry said the crypto industry missed its best opportunity to push market structure legislation through, and acknowledged that he should bear part of the responsibility. In the conversation, he analyzed the reasons why the Clarity Act was stalled, as well as the respective shortcomings of the crypto industry and lawmakers, and discussed how the crypto industry should prepare for Democrats taking control of Congress in January.