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CFTC Chair Says Crypto Rules Will Prevent FTX-Style Collapse
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CFTC Chair Says Crypto Rules Will Prevent FTX-Style Collapse
Pro-crypto regulator Mike Selig has said that pushing ahead with new rules will stop another collapse like FTX. Speaking on Fox Business Network’s Varney & Co. show Wednesday, the Commodity Futures Trading Commission Chair said that crypto exchanges will have the chance to register with the regulator in order to safeguard digital asset spot markets. Once one of the most popular crypto exchanges, FTX quickly and abruptly went bankrupt in 2022 d…
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