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Coinbase CEO Brian Armstrong has urged United States citizens to take action and email their representatives to vote “yes” on the Financial Innovation and Technology for the 21 Century Act (FIT21), which may provide regulatory clarity for crypto. On July 26, lawmakers voted in favor of FIT21 and the Blockchain Regulatory
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The leadership with the United States House Financial Services Committee have separately called on former FTX CEO Sam Bankman-Fried to appear in an investigative hearing scheduled for Dec. 13.In Dec. 2 posts on Twitter, House Financial Services Committee chair Maxine Waters, a Democrat, and ranking member Patrick McHenry, a Republican,
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The no-shows included Lee Jung-hoon and Kang Jong-hyun, former chairman and current shareholder of crypto exchange Bithumb, respectively, along with Simon Kim, CEO of venture-capital firm Hashed, and Chai CEO Daniel Shin, who co-founded the Luna network, which is built on the Terra blockchain. Source
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