The cryptocurrency industry in the U.S is reeling under intense regulatory scrutiny and uncertainty. Market participants have been waiting with bated breaths for financial authorities to release a regulatory framework. To that objective, Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework.
The timing “FTX’s Key Principles for Market Regulation” blog was interesting. It came just days after House Committee on Financial Services’ chair, Maxine Waters invited several CEOs of major cryptocurrency exchanges in the country, including FTX’s Samuel Bankman-Fried. The agenda of the meeting – to discuss digital assets and the future of finance
The 10 key principles
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