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Tag Archives: News

Hester Peirce Calls for Immediate Crypto Regulation

Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce – who’s often dubbed the “crypto mom” thanks to her open-minded nature towards bitcoin and crypto – is calling for strict regulation of the space and says this will provide more clarity for traders and help to keep investors shielded from bad actors. Hester Peirce Says It’s Time to Regulate Crypto In an interview, Peirce said: If we continued with our regulation-by-enforcement approach at our current...

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How Did FTX Become the Opposite of What It Wanted to Be?

The FTX exchange, according to past testimony provided by its now disgraced founder and chief executive Sam Bankman-Fried, was initially designed as a way to merge both the crypto space and the traditional financial space together. FTX Started with Good Intentions In May of 2022, before the U.S. House Committee on Agriculture, SBF said the following: [FTX] was established to build a digital asset trading platform and exchange with a better user experience, customer...

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