Republican senator Richie Torres, who is a member of the House Financial Services Committee, has said that a well-regulated crypto sector can right the failures of the traditional financial system. In an interview on Tuesday for the City & State New York political platform, he said that while he did not have any interest in the use of cryptocurrency for speculative trading, he was certainly interested in the use of the underlying technology for practical use cases. Richie Torres Believes That FTX Doesn’t Represent Crypto When asked what he thought of the FTX collapse he replied that Sam Bankman-Fried was The post Republican Senator Richie Torres Sees Merit in Well-Regulated Crypto appeared first on Cryptoknowmics-Crypto News and Media Platform .
