Sign the petition to Congress: Regulate digital currency.

Friend, the [collapse]( of FTX, one of the world's largest cryptocurrency exchanges, has left consumers and investors with nothing. [Sign the petition to Congress: Regulate digital currency.]( [SIGN THE PETITION]( It's apparent that digital currency faces [widespread]( systemic problems. The industry contains volatile and speculative assets with nothing to back their value. That makes this technology easy to abuse for money laundering and tax evasion and can avoid oversight, regulation, and taxes through offshore jurisdictions. Congress must put consumers, investors, and our economic stability over the digital asset industry's immaterialized innovation potential. They must stop industry giveaways and give regulators the resources and support to stop the next crypto crash before it begins. [Sign the petition to Congress: We must regulate digital assets to prevent the next crypto crash.]( [SIGN THE PETITION]( Thank you for fighting with us, Mayra Souza, Daily Kos Daily Kos Relies on Readers Like You We don't have billionaire backers like some right-wing media outlets. Half our revenue comes from readers like you, meaning we literally couldn't do this work without you. Can you chip in $5 right now to help Daily Kos keep fighting? [Chip in $5]( If you wish to donate by mail instead, please send a check to Daily Kos, PO Box 70036, Oakland, CA, 94612. Contributions to Daily Kos are not tax deductible. Sent via [ActionNetwork.org](. To update your email address, change your name or address, or to stop receiving emails from Daily Kos, please [click here](.