CFTC Chair Mike Selig: The crypto regulatory framework is designed to prevent FTX-style fraud
I usually break down regulatory news into three questions:
1. What was said: Is it enacted legislation or just a statement?
2. When will it take effect: Is there a clear timeline?
3. Who will it affect: The entire industry or a specific business?
This looks somewhat negative. It may have an immediate short-term impact, but the actual effect will depend on the details.
$BTC Current price: 83089.35.
#BTC
Be mindful of the risks and make your own judgments.
I usually break down regulatory news into three questions:
1. What was said: Is it enacted legislation or just a statement?
2. When will it take effect: Is there a clear timeline?
3. Who will it affect: The entire industry or a specific business?
This looks somewhat negative. It may have an immediate short-term impact, but the actual effect will depend on the details.
$BTC Current price: 83089.35.
#BTC
Be mindful of the risks and make your own judgments.