✉news BusinessCrypto first seen 17 h ago, last 14 h ago, peak #21
CFTC Chair Says New Crypto Rules Will Prevent Another FTX-Style Collapse
Original: CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse
The chair of the Commodity Futures Trading Commission said new crypto rulemaking will prevent a collapse like the one at FTX from happening again. The comments signal the regulator's push for clearer oversight of digital asset markets in the wake of the exchange's 2022 failure, which wiped out customer funds and shook confidence across the industry.
Why now: Regulators are under pressure to show concrete action on crypto oversight following the FTX collapse and ongoing market turmoil.
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