Pantera Capital co-founder says crypto industry does not need Congress

Pantera Capital co-founder and managing partner Dan Morehead said in an interview with CNBC that the crypto industry does not need Congress, as the U.S. SEC and CFTC are already implementing measures that would be included in the Clarity Act. Morehead added that Pantera is more bullish on Solana than on Ethereum, while viewing both blockchains as viable. Over the long term, Morehead said, he expects dozens of core blockchains to emerge.