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Congress
Sam Bankman-Fried Was a ‘Pathological Liar’: Congressman
Rep. Ritchie Torres (D-N.Y.) discusses how the disgraced former CEO “misled the public,” and what he did with Bankman-Fried’s $2,900 political donation.

FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers
As the crypto industry’s epic disaster continues to unfold with a criminal case and regulatory actions, U.S. senators didn’t find any clear path during a Wednesday hearing.

Blockchain Association Exec on FTX Fallout, Future of Crypto
Sam Bankman-Fried’s political donations worth at least $73 million could be clawed back to repay FTX creditors. Meanwhile, Bankman-Fried is expected to testify before Congress Tuesday. Blockchain Association Executive Director Kristin Smith discusses the latest developments in FTX's bankruptcy and where crypto regulation could be headed in 2023.

Gensler Says SEC Is Fine Going After Crypto With Its Current Authority
As a new Congress prepares to work on uncertain crypto legislation next year, the SEC chairman says his agency needs nothing apart from more money and more reach overseas.

US Lawmakers Want State Department to Disclose Crypto Rewards
The State Department will have to report on payments it makes in crypto and their effects, according to a draft of the NDAA.

Brazilian Chamber of Deputies Approves Bill Regulating Crypto Transactions
The bill still requires the approval of the executive branch before it becomes law.

House Subcommittee Chair Calls for Documents as Part of FTX Collapse Probe
Rep. Raja Krishnamoorthi (D-Ill.) is chairman of the Subcommittee on Economic and Consumer Policy.

Former SEC Official Doubts FTX Crash Will Prompt Congress to Act on Crypto Regulations
Lisa Braganca said lawmakers are in a tough spot because many of them had a close relationship with Sam Bankman-Fried, the now-disgraced FTX founder.

Circle CEO Calls for Clear US Laws on Stablecoins to 'Unleash' Their Potential
In a letter to lawmakers, Jeremy Allaire said inaction will "stunt America's voice."
