The Case for Immediate Crypto Industry Regulation: Why Postponing Is Not an Option

Written by mromanenko | Published 2023/03/16
Tech Story Tags: crypto | crypto-regulation | cryptocurrency | cryptocurrency-top-story | crypto-adoption | blockchain-technology | regulation | finance

TLDRThe recent bankruptcy of FTX reveals significant gaps in financial reporting. The relatively young status of the industry, the desire to avoid additional costs, and the preservation of full control over management decisions led to the emergence of this situation. The recent bankruptcy has had irreversible consequences for the industry in 2023.via the TL;DR App

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Written by mromanenko | Co-Founder & CVO of Kyrrex. 10+ years of experience in financial markets.
Published by HackerNoon on 2023/03/16