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Global Regulators To Target Crypto Platforms After FTX Crash

Global Regulators To Target Crypto Platforms After FTX Crash

LONDON, Nov 24 (Reuters) – The crash of the FTX exchange has made regulation of the crypto sector more urgent and targeting these “conglomerate” platforms will be a focus for 2023, the new Chairman of IOSCO on Global Securities in an interview. Jean-Paul Servais said regulation of crypto platforms could draw inspiration from the principles …

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FTX Collapse Shows Need for Crypto Regulation, Says Bank of England

FTX Collapse Shows Need for Crypto Regulation, Says Bank of England

LONDON, Nov 21 (Reuters) – The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world into the regulatory framework, the Deputy Governor of the Bank of England said on Monday. Jon Cunliffe. FTX, which filed for protection in the US bankruptcy court, said it owed its 50 biggest creditors nearly $3.1 …

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Cryptoverse: The British Pound Fiasco Boosts the Appeal of Bitcoin Hedging

Cryptoverse: The British Pound Fiasco Boosts the Appeal of Bitcoin Hedging

Oct 25 (Reuters) – As a developed country, you know your currency is in trouble when investors start hedging with bitcoin. After brief British Prime Minister Liz Truss unveiled her mini-budget on September 23, filling financial markets with dread, a section of investors moved away from the pound and into cryptocurrency. Trading volumes between bitcoin …

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