It’s time to think global on regulating crypto

Published by
City AM

By Darren Parkin It doesn’t take a great deal to drop the value of the entire crypto market by a few hundred million dollars. The SEC’s attacks last week were no exception, precipitating a fall in Bitcoin to around $25,000 for the first time since March. That said, the US Securities and Exchange Commission’s (SEC) job is to regulate and protect – especially the ordinary punter – and, if it had said and done nothing, then the regulatory body might easily be accused of malpractice. The realty is that, around eight months on, the fallout from FTX continues to reverberate around the crypto world, …

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