A senior Bank of England official has called for tough regulation of the cryptocurrency sector following last week’s collapse FTX.
speaking at a Warwick Business School At Monday’s conference, Assistant Governor for Financial Stability Jon Cunliffe said last year’s events – including FTX’s implosion – proved that crypto is “not a stable ecosystem.”
Calling FTX “probably the biggest and certainly the most spectacular” failure yet, he continued: “Crypto institutions on the…
