FTX Collapse Will Fuel Appetite for Harsher Crypto Regulation
blog.silvermint.net
One of the things we’ve been warning about since the $32 billion collapse of the SBF/FTX Ponzi scheme is that it will fuel the appetite for harsher and unwarranted regulation of crypto. We agree that the industry needs clarity and the existing regulatory framework needs a serious overhaul, but the kind of regulation this could bring will seriously stifle blockchain innovation.
FTX Collapse Will Fuel Appetite for Harsher Crypto Regulation
FTX Collapse Will Fuel Appetite for Harsher…
FTX Collapse Will Fuel Appetite for Harsher Crypto Regulation
One of the things we’ve been warning about since the $32 billion collapse of the SBF/FTX Ponzi scheme is that it will fuel the appetite for harsher and unwarranted regulation of crypto. We agree that the industry needs clarity and the existing regulatory framework needs a serious overhaul, but the kind of regulation this could bring will seriously stifle blockchain innovation.