A year ago, crypto successfully scraped and scrapped to get a foot in the door in Washington. But in the wake of crypto's winter, and FTX's spectacular collapse, that door has now slammed shut. Why it matters: Gaining legitimacy in Washington has been an essential part of the industry's push into the mainstream. But a series of recent announcements from the Biden administration suggest there's a crackdown ahead. Driving the news: The vibes from the White House and federal agencies have been somber at best for anyone trying to run a cryptocurrency business. Over the last two weeks, government officials repeatedly gave ... (full story)