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Fortune
Fortune
Leo Schwartz

The House prepares for a historic crypto vote as the political tides shift

(Credit: Kevin Dietsch—Getty Images)

The vote is here.

When I first started covering the beat, Sam Bankman-Fried was wandering the halls of Congress, doling out donations to anyone who would take a meeting in the hopes of advancing crypto legislation. The strategy almost worked, with the Senate Agriculture Committee close to advancing a bill right before the collapse of FTX tanked its prospects. After the string of high-profile collapses, and crypto turning into a punching bag in congressional hearings, the industry's political fortunes seemed dead in the waters.

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