Democrats have retained control of the U.S. Senate after a whirlwind election week dogged by crypto market madness. FTX's swift collapse will likely spell more regulations for the space. By iamsandali
Crypto prices across the board took a nosedive following the news, with bitcoin price dropping 22% in the last seven days, according toBankman-Fried, who said he had spent much of his time talking to lawmakers and regulators in D.C. these last months, may still influence crypto rules, but not in the way he might have intended.
Several key Senators within the Democratic Party have expressed concern over the collapse of crypto exchange FTX, which was led by major election donor Sam Bankman-Fried. Sen. Sherrod Brown, who will continue to chair the Senate Banking Committee, and Sen. Elizabeth Warren, who sits on that committee, have both called for investigations into the exchange.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law EnforcementNew FTX_Official CEO John Ray said the company is “in contact with, and are coordinating with law enforcement and relevant regulators” after last night’s hack. cheyenneligon reports
Weiterlesen »
Solana’s Wrapped Bitcoin Price Craters, Recovers After FTX Shuts Exit RampUPDATE: soBTC largely recovered in price after FTX US reopened withdrawals, restoring a critical offramp for the wrapped bitcoin asset.
Weiterlesen »
FTX, FTX US and Alameda will file for Chapter 11 bankruptcy in US; SBF resignsFTX said roughly 130 companies in FTX Group — including FTX Trading, FTX US and Alameda Research — had started proceedings to file for bankruptcy in the United States.
Weiterlesen »
Nevada's Catherine Cortez Masto projected to win reelection, allowing Democrats to keep the SenateDemocratic Sen. Catherine Cortez Masto will win reelection in Nevada, CNN projects, clinching a critical victory that will allow Democrats to keep control of the US Senate.
Weiterlesen »
Democrats keep Senate majority as Republican push to retake control falters in NevadaDemocrats will keep control of the Senate, repelling Republican efforts to retake the chamber and making it harder to thwart President Joe Biden’s agenda. The...
Weiterlesen »
Democrats keep Senate majority as GOP push falters in NevadaWASHINGTON (AP) — Democrats kept control of the Senate on Saturday, repelling Republican efforts to retake the chamber and making it harder for them to thwart President Joe Biden’s agen…
Weiterlesen »