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Billionaire Crypto Executives Are To Blame For The Lack Of Regulatory Clarity In The Industry, Says US Lawmaker

The FTX debacle has sent lawmakers into a frenzy as they believe that the whole fiasco would have been avoided if a proper framework had been implemented. U. S. congressman Brad Sherman has blamed billionaire founders in the cryptocurrency industry for hindering the pace of legislation needed in the ecosystem. дальше »

2022-11-22 20:31


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Congress’s Failure to Pass Regulation Caused FTX’s Debacle, Asserts Crypto-Friendly Senator

US Senator Pat Toomey has blamed FTX’s collapse on the lack of clear regulations. Speaking during the Financial Regulators Hearing on November 15, the legislator took aim at the US Congress, suggesting that if the house had passed regulations on custody for the industry earlier, the FTX implosion could have been avoided. “It certainly appears […] дальше »

2022-11-18 23:56


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Former OCC Head Brian Brookes Says The US Is Behind The Curve On Cryptocurrency, Blames The SEC For It

Brian Brooks, ex-CEO of Binance.US has blamed the SEC for the US lagging in cryptocurrency adoption. He blamed the mass migration of creators out of the US because of stifling regulations. Six top cryptocurrency CEOs met with Congress on Wednesday in a hearing that lasted over 5 hours. Brian Brooks has bared his mind on […] дальше »

2021-12-10 19:24


Bitcoin Flash Crash Pauses as Goldman Sachs Announces Crypto Services

Bitcoin underwent a mini flash crash on Wednesday as its price fell from $59,400 to nearly $57,000 in just five minutes of trading. Analysts blamed overleveraged long positions for the downside move, with the plunge liquidating about $600 million worth of extended bullish contracts across major futures exchanges. The wipeout followed up with a short […] дальше »

2021-3-31 16:17