Congress, slow to move on regulating crypto, becomes transfixed by FTX’s collapse, as lawmakers wonder if the crisis could have been prevented (Tony Romm/Washington Post)

Tony Romm / Washington Post:
Congress, slow to move on regulating crypto, becomes transfixed by FTX’s collapse, as lawmakers wonder if the crisis could have been prevented  —  The stunning collapse of the world’s third-largest exchange has forced lawmakers to reckon with the costs of legislative inaction