Loss of a Key Crypto Ally in Congress

Representative Patrick McHenry, a key congressional ally for the crypto industry, has announced his retirement from Congress. Throughout his time in office, McHenry advocated for reasonable legislation and held aggressive regulatory agencies accountable. His retirement leaves a significant void in the crypto-friendly wing of Congress and creates uncertainty about the industry's future in Washington. Efforts are now focused on finding other willing members of Congress to champion responsible crypto legislation and navigate the internal divisions within the GOP.