The U.S. Securities and Exchange Commission (SEC) and Justice Department (DOJ) are investigating crypto exchange FTX. Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse, and Circle CEO Jeremy Allaire call for a clear regulatory framework in response to Senator Elizabeth Warren’s tweet on the need for aggressive enforcement in response to the crypto industry.
Crypto Executives Urge Crypto Regulatory Framework in the US
Senator Elizabeth Warren in a tweet on November 10 promotes the need for aggressive enforcement regarding the crypto market amid the FTX crisis. Citing a Wall Street Journal report on SEC investigating FTX, she claims to push the SEC to enforce the law for consumer protection and financial stability.
“The collapse of one of the largest crypto platforms shows how much of the industry appears to be smoke and mirrors. We need more aggressive enforcement and I’m going to keep pushing SEC to enforce the law to protect consumers and financial stability.”
Comment
We współpracy z: https://coingape.com/ftx-vs-sec-coinbase-ripple-circle-ceos-call-for-clear-crypto-regulations/
