Nearly two thirds of the members of the Senate Agriculture committee took FTX cash, including Sen. Debbie Stabenow (D-Mich.), the panel’s chairwoman, and its ranking Republican, Sen. John Boozeman (R-Ark.). Last year, that panel was in the crypto industry’s spotlight because the two lawmakers pushed a bill to establish rules of the road for digital assets in the U.S., including giving the CFTC authority over trading of non-security tokens, such as bitcoin.
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Bitcoin Is Still in Its ‘Safe Haven Period’: Analyst
In the past month, Connors noted, the value of the largest crypto by market cap has risen by over 20% compared to gold, up...