‘Crypto’ big bet pays off in Washington
Nothing shows you’ve arrived in Washington quite like toppling a Senate committee chairman. When the digital currency industry set its sights on Senator Sherrod Brown, the powerful Banking Committee chair and vocal ‘crypto’ skeptic, many dismissed it as hubris. $40 million later, Brown is packing up his office, replaced by ‘crypto’ entrepreneur Bernie Moreno.
Welcome to the new Washington.
I’ve covered financial technology for years, but this level of coordinated political muscle from the ‘crypto’ world is something very new. Gone are the…
