A part of FTX survived its collapse, specifically the parts bound by law, according to an opinion piece by Bullish's Randi Abernethy on CoinDesk.
This survival is cited as an argument in favor of the CLARITY Act, which did not pass in the Senate this week, as mainstream finance is now converging with digital assets.
The piece highlights the importance of laws protecting digital assets in the same way as traditional finance, as argued by Abernethy.
This is based on reporting from CoinDesk.