This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
https://www.wsj.com/articles/ftx-collapse-puts-crypto-industry-on-the-defensive-in-congress-11672438092
Listen to article
(2 minutes)
The
collapse of FTX has eroded cryptocurrency firms’ standing in Washington, dimming the prospects for industry-backed legislation and raising pressure on regulators to step up enforcement.
Since the crypto-trading platform’s November bankruptcy, lawmakers have called for federal regulators such as the Securities and Exchange Commission to police cryptocurrency markets more aggressively. They also have questioned whether legislation favored by the industry to create a new regulatory framework for cryptocurrencies goes far enough.
Continue reading your article with
a WSJ membership
Already a member?
Sign In
WSJ Membership
Customer Service
Tools & Features
Ads
More
Dow Jones Products
WSJ Membership
Customer Service
Tools & Features
Ads
More
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.