FTX shows need to regulate crypto before it gets big, says Bank of England

FTX collapse shows need to regulate crypto, says Bank of England

LONDON, Nov 21 — The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon...

Regulate crypto to stop next FTX-style implosion, says Bank of England

Future crashes could have wider impacts on the financial system, warns deputy governor

FTX collapse shows need to regulate crypto

The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said today.

FTX shows need to regulate crypto before it gets big, says Bank of England

LONDON - The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. FTX, which has filed for U.S. bankruptcy court protection, has said it owes its 50 biggest creditors nearly $3.1 billion. "While the crypto world, as was demonstrated during last year’s crypto winter

FTX shows need to regulate crypto before it gets big, says Bank of England

LONDON: The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England (BoE) Deputy Governor Jon Cunliffe said on Monday (Nov 21). FTX, which has filed for US bankruptcy court protection, has said it owes its 50 biggest creditors nearl