Splitting oversight across multiple watchdogs based on whether a product is a ‘security’ will not protect investors, the unicorn’s chief executive warned. Photo: Reuters
Splitting oversight across multiple watchdogs based on whether a product is a ‘security’ will not protect investors, the unicorn’s chief executive warned. Photo: Reuters

Crypto exchange FTX calls on regulators to ditch ‘securities’ mindset, devise a separate, single rule book for digital currencies

  • The crypto exchange backed by BlackRock, Temasek, urges regulators to set a single rule book for virtual assets
  • Spreading supervision across multiple agencies based on whether a product is a ‘security’ or not won’t protect investors, CEO warns

Topic |   Digital currencies
Splitting oversight across multiple watchdogs based on whether a product is a ‘security’ will not protect investors, the unicorn’s chief executive warned. Photo: Reuters
Splitting oversight across multiple watchdogs based on whether a product is a ‘security’ will not protect investors, the unicorn’s chief executive warned. Photo: Reuters
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