US Commodity Futures Trading Commission (CFTC) officials want cryptocurrency rules to be prepared as soon as possible.
CFTC official Kristin Johnson thinks that the agency should set some rules to ensure the safety of cryptocurrency investors.
In his statements at the beginning of the week, Johnson gave examples from the collapse of companies such as FTX, Celsius and Voyager. How users’ money will be kept He said it needed to be determined.
The CFTC has no idea how to store them. “immediate regulation preparation” Stating that it is necessary, Johnson said that some rules regarding this may be made in the coming weeks.
According to Johnson’s statement, one of the first steps the institution can take is to ensure that cryptocurrency companies financial assets of the company with assets belonging to customers It would mean setting a rule that they should not keep it together.
For example, crypto derivatives platform LedgerX, formerly owned by FTX, is regulated by the CFTC and accounts to the CFTC for funds belonging to customers. Even though LedgerX is owned by FTX, it managed to remain liquid after its collapse.
Johnson to ensure customers’ safety in coming weeks “They will take some important steps in the preparation of reforms regarding the structure of the market” told.