More than one-third of the 535 senators and representatives in the U.S. Congress showed up to the new session with FTX baggage, having received campaign support from one of the senior executives of the fraud-ridden crypto giant. "The Hash" group discusses this. Plus, central bank digital currencies (CBDC) and stablecoins are the natural evolution of money and payments, according to a new Bank of America research report.

See also:

Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses

FTX Debtors Give Details on Digital Assets Identified So Far

BNB Chain Burns Over $575M in BNB Tokens, Binance Confirms

Bank of America Says CBDCs Are the Future of Money and Payments


This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

FTX Execs Donated Money to 196 Legislators; How CBDCs Will Fare in the Future, According to Bank of America