After a series of high-profile congressional hearings in December after the collapse of FTX, the Senate Banking Committee held a largely muted affair on Tuesday, inviting a panel of expert witnesses versed in financial regulation.
With lawmakers still working to understand the fallout of FTX’s bankruptcy and U.S. agencies cracking down on the crypto industry, senators probed the assembled professors about the feasibility of legislation, eager to change perceptions that Congress has taken a back seat when it comes to crypto regulation.
