McHenry Says Crypto Industry Missed a Chance for Clearer U.S. Rules

Former House Financial Services Committee Chairman Patrick McHenry said the crypto industry missed a chance to secure clearer U.S. rules by failing to accept workable compromises. He also acknowledged that he shared responsibility for the outcome. The Digital Asset Market CLARITY Act passed the House in 2025 by a 294-134 vote. A 49-50 Senate procedural vote in September 2026 left the bill stalled. Democrats won control of both chambers in the 2026 midterm elections, changing the political landscape for the legislation. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.