Crypto's DC clout imperiled as market melts down - POLITICO


6/18/2022 12:00:00 AM2 years 10 months ago

The recent collapse of the upstart crypto market has not only cost investors billions in wealth, it’s also threatening to diminish the industry’s once surging clout in Washington.

That could be said for the entire digital asset market, which has seen more than two-thirds of its value evaporate since peaking at $3 trillion last fall. As the Federal Reserve cranks up its campaig… [+8308 chars]

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