FTX Statement from the U.S. Deputy Secretary of the Treasury

According to the statements of the US Deputy Secretary of the Treasury Wally Adeyemo, the collapse of the cryptocurrency exchange FTX shows the importance of cryptocurrency regulations.

U.S. has learned lessons from FTX collapse, according to Deputy Treasury Secretary global cryptocurrency regulations should focus on and cooperate with other countries in this field.

Speaking at the event held in Washington, Adeyemo said that if cryptocurrencies are regulated, both of investors as well as consumers more trustworthy thinks it will.

Deputy Minister also global financial stability can protect and prevent illegal use of cryptocurrencies stressed.

Cryptocurrencies used worldwide Stating that, Adeyemo said, “This is to create a regulatory regime that will protect the global economy. cooperating closely with our international partners means necessary.” said.

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