Former US Congressman Patrick McHenry has criticized banks for their role in delaying the crypto market structure bill, stating that financial institutions are fearful of new technology. McHenry's comments highlight ongoing tensions between traditional banking sectors and the rapidly evolving cryptocurrency industry. The bill, which aims to establish a regulatory framework for digital assets, has faced significant hurdles, partly attributed to resistance from established financial entities.
Former Congressman McHenry Criticizes Banks Over Crypto Bill Delay
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