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'Bitcoin Senator' Lummis: FTX Collapse Shows 'It's Time' for Congress to Learn About Crypto
The collapse of crypto exchange FTX highlights the need for Congress to "learn more" about cryptocurrency, said Sen. Cynthia Lummis (R-WY), known as the "Bitcoin Senator" for her cryptocurrency advocacy on Capitol Hill. Lummis, who introduced the bipartisan Responsible Financial Innovation Act alongside Kirsten Gillibrand (D-NY) earlier this year, spoke in a pre-recorded interview at the Financial Times' Crypto and Digital Asset Summit. Asked whether recent events involving the downfall of FTX—whose former CEO Sam Bankman-Fried was a regular at congressional crypto hearings—Lummis responded, "I hope it's ... (full story)