United States Congressman McHenry made statements about the seriousness of the regulations after the events between FTX and Binance.
Binance CEO’s native token of FTX to sell FTT There was tension in the market after his posts. With the tension created, investors with funds on FTX began to demand withdrawals. caused jamming. The process of the FTX side, which continues to work to meet the liquidity crisis. Binance bought them He ended with an explanation.
Although the crypto money markets were positively affected by the news of the purchase, the entire crypto money market, especially FTX’s local token FTT, was negatively affected. After this effect and the tension between them, a statement came from the USA.
U.S. Congressman McHenry said in a statement that he has been advocating for years to establish regulation for cryptocurrency exchanges and the cryptocurrency market:
“For years, I’ve held my position for Congress to regulate within the digital asset ecosystem, including digital asset platforms. The events between Binance and FTX have also demonstrated the necessity of taking steps in this regard.”