Statements from the Chairman of the US Senate Committee on FTX

The Chairman of the US Senate Banking Commission spoke about what lessons should be learned from the collapse of cryptocurrency exchange FTX.

Banking Commission Chairman Sherrod Brown, in his statements today, evaluated the effects of the collapse of FTX on the cryptocurrency industry.

Talking about cryptocurrency regulations, Brown said that the collapse of FTX is a result of cryptocurrencies. how it will be regulated He thinks it won’t affect him too much.

Speaking before today’s hearing, Brown said: banking and securities legislation, cryptocurrency regulations that you can be a guide emphasized.

Referring to the collapse of FTX, Brown said, “If we are to learn from the collapse of FTX, we need to examine what risks are posed by crypto platforms that offer multiple types (products and services) at the same time.” said.

Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC) lending, trading, custody He criticized some crypto platforms that provide various services such as

The article titled Comments on FTX from the President of the US Senate Commission was prepared by Selim Kuşçu and published on koinbulteni.com.

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