CFTC and US Lawmaker Offer Two Different Answers to Binance’s $6.3B Hack

A $6.3 billion crypto heist has handed Washington a fresh regulatory fight. One federal watchdog wants exchanges to volunteer for oversight, while a Republican senator argues Congress already missed its chance to give the industry stronger defenses against thieves. The Oct. 29 Binance breach, reportedly involving stolen funds, has intensified the debate over how to protect digital assets.