“We won’t be able to know which players are trustworthy and which aren’t until a credible third party, like a consolidated home country supervisor, can meaningfully oversee them,” Hsu said in remarks prepared for delivery at an Institute of International Bankers event in Washington, D.C. “Currently, no crypto platforms are subject to consolidated supervision. Not one.”
Related posts
-
Nearly 30% of crypto trends focused on meme coins in 2024, survey shows
2024 has seen a dramatic surge in interest in meme coins, with almost a third of... -
Brazil’s largest crypto exchange Mercado Bitcoin integrates INJ
Mercado Bitcoin, Brazil’s largest cryptocurrency exchange, has integrated INJ, the native token of the Layer-1 Injective... -
Crypto Remittances Grow In El Salvador Reaching 1% Share
The Reserve Central Bank has confirmed that the cryptocurrency...