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Congress
Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud
The industry’s main political action committee, GMI, counts 19 victories in congressional races while defending its history of support from former FTX CEO Sam Bankman-Fried.
The ‘SBF Bill’: What’s in the Crypto Legislation Backed by FTX's Founder
The specter of the now-disgraced Sam Bankman-Fried looms large over the bill, but Sens. Debbie Stabenow and John Boozman plan to push ahead anyway.
FTX’s Failure Is Sparking a Massive Regulatory Response
Lawmakers, regulators and criminal investigators are looking into FTX’s collapse, and Sam Bankman-Fried’s tweets aren’t helping.
Democrats Keep the US Senate but Crypto Only Has Eyes for FTX Collapse
After a whirlwind election week dogged by crypto market madness, the industry's regulatory future in the U.S. is in the hands of a divided government.
SEC Commissioner Hester Peirce: FTX’s Collapse Could Finally Be ‘Catalyst’ for Regulation
“Having the SEC and CFTC work together makes a lot of sense,” Peirce told CoinDesk TV.
CFTC Commissioner Addresses FTX Fallout
Following the fallout of FTX, "there may be an impetus to do something," CFTC Commissioner Kristin N. Johnson said. "I'm hopeful that Congress will take up the questions that we've described ... and close the regulatory gap, giving clear direction to the SEC and the CFTC."
Washington, D.C.’s Buddy Sam Bankman-Fried Has Some Explaining to Do
FTX CEO Bankman-Fried has been crypto’s shining star in U.S. policy circles, and it’s unclear whether he has an obvious successor.
Binance-FTX Deal Will Invite 'Scrutiny' Into Regulation of Exchanges: Blockchain Association's Kristin Smith
"What happened with FTX may not be able to be addressed by U.S. regulation," says Blockchain Association Executive Director Kristin Smith. But, she adds that Congress is still very interested in finding a way to regulate the spot markets. The potential Binance-FTX merger "is going to open up more robust debate around exchange regulation."
Crypto Has Prepared for Divided US Government, Republican Rise
A partisan mess on Capitol Hill may not be a bad thing for the crypto industry, which has friends on both sides of the aisle and legislative efforts that are – so far – bipartisan.
At Stake in the US Midterms: The Future of Money
With some seminal regulatory legislation up for consideration, the makeup of Congress in 2023 matters not only to crypto natives but to everyone.
