Crypto Industry Ally Joins House GOP Leadership, Nixing Hopes for Reform
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The dramatic collapse of the cryptocurrency exchange FTX is unlikely to lead to meaningful efforts by Congress to rein in the cryptocurrency industry because one Republican leader set to take control of the House in January has already interfered with investigations of crypto firms, including FTX. Rep. Tom Emmer (R-Minnesota) led a bipartisan effort in March to thwart attempts by the Securities...