McHenry: Missed Crypto Bill, Wasted Election Win?
McHenry on Missed Crypto Bill: A Wasted Victory?
Former House Financial Services Committee Chairman Patrick McHenry recently joined CoinDesk to discuss the impact of the stalled crypto market structure bill. He highlighted the missed opportunity presented by the lack of legislative action, suggesting a wasted political victory. The conversation also covered his new positions at Ondo Finance and a16z.
Key Takeaways from the Interview:
- Missed Legislative Window: McHenry expressed disappointment over the failure to pass a comprehensive bill addressing digital asset market structure.
- Impact on the Industry: The absence of clear regulatory frameworks creates uncertainty and hinders innovation within the crypto space, McHenry noted.
- New Ventures: The interview also touched upon McHenry's new roles at Ondo Finance and Andreessen Horowitz (a16z), highlighting his continued involvement in the crypto industry.
Listen to the full interview with Jennifer Sanasie on the CoinDesk podcast here.
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Disclaimer: This content is for informational purposes only and should not be considered investment advice.
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