The dramatic failure of FTX may ship draft US laws to manage digital belongings proper again to the beginning line, ex-regulators say.
“The collapse of FTX underscores the necessity for a a lot stronger regulatory framework round crypto typically and specifically for buying and selling platforms,” says Timothy Massad, former chairman of the Commodity Futures Buying and selling Fee (CFTC).
Lee Reiners, coverage director on the Duke Monetary Economics Centre and a former Federal Reserve supervisor, agrees:
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