[Former House Financial Services Committee Chairman Says Crypto Industry Missed Opportunity for Regulatory Clarity] Odaily reports that former House Financial Services Committee Chairman Patrick McHenry stated that the crypto industry missed an opportunity to fight for regulatory clarity, failed to accept feasible compromises, and ultimately failed to push for comprehensive regulatory legislation. He also acknowledged that he should bear responsibility for the outcome. The Clarity Act for Digital Asset Markets passed the House of Representatives in 2025 with 294 votes in favor and 134 against, but failed to pass the Senate in a procedural vote in September 2026 by a vote of 49 to 50, thus stalling the bill. Following the 2026 midterm elections, with Democrats gaining control of both houses of Congress, the bill's future is uncertain. (Bitcoin.com News)