
Proof of State is the Wednesday edition of Fortune Crypto where Leo Schwartz delivers insider insight on policy and regulation.
Before FTX’s collapse in November, Washington, D.C., was awash with possibilities. There was a draft floating around of a stablecoin bill from the House Financial Services Committee and three promising crypto market structure bills from two key Senate committees and a House committee, all with bipartisan support, with the hope that one might even pass before the end of the session.