FTX-Binance 'Earthquake' Reshapes Crypto Regulatory Battle in Washington

Also, CFTC's Pham issues warning to agency over political betting; Bank regulators to testify next week

It’s election day. But in crypto, this morning’s announced acquisition of FTX by rival exchange Binance qualifies as huge news. And while details are sketchy (the companies have been essentially communicating to the public via Twitter and nothing seems close to final), it’s also clear that the deal is going to radically reshape the regulatory landscape …