Trump says they're looking into the Binance hack as calls grow for crypto rules. Exchange risk and policy overhang are back on the tape, and crypto stays capped until the regulatory path is clearer.

What happened: President Trump said they are looking into the Binance hack as calls grow for crypto rules following the $6.3 billion hack of the exchange. Key numbers: $6.3 billion hack of Binance, the world's largest crypto exchange. Why it matters: The hack is drawing growing calls for legislation, and the President's comment signals attention from the highest level of government. Coverage: 6 outlets in 24h

President Trump said they are looking into the Binance hack as calls grow for crypto rules following the $6.3 billion hack of the exchange.

The hack is drawing growing calls for legislation, and the President's comment signals attention from the highest level of government.