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US Congressman Says FTX Was 'A Failure Of Centralized Finance And A Failure Of Sam Bankman-Fried': Why It's Important - Bitcoin  (BTC/USD)
Finance

US Congressman Says FTX Was 'A Failure Of Centralized Finance And A Failure Of Sam Bankman-Fried': Why It's Important - Bitcoin (BTC/USD)

100% Center coverage: 1 sources
U.S. Congressman Tom Emmer (R-MN) said Tuesday that the implosion of cryptocurrency exchange FTX is not a crypto failure. Instead, he said it is a failure with centralized finance (cefi), Securities and Exchange Commission (SEC) Chairman Gary Gensler, and former FTX CEO Sam Bankman-Fried.See the Story
Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail – Regulation Bitcoin News
Cryptocurrency Exchange

Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail – Regulation Bitcoin News

The Financial Authority of Singapore (MAS) issued a press launch this week to address some questions and misconceptions that have arisen in the wake of the FTX debacle. The regulator defended the motion it took towards crypto alternate Binance and never the collapsed crypto platform FTX. The central financial institution warned that cryptocurrencies are highly volatile and many of them have lost all value.See the Story
Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says – Markets and Prices Bitcoin News
Stock Markets

Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says – Markets and Prices Bitcoin News

Paul Brody, global blockchain leader at EY, discussed the crypto winter, the need for regulation, and the collapse of crypto exchange FTX in an interview published by the Mint publication Thursday. Brody: For the first time ever, price ups and downs don't have that big of an impact on the long-term growth of the industry.See the Story

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