MiCA proponent cites FTX in advocating for regulation: 'Crypto assets are not...

MiCA proponent cites FTX in advocating for regulation: 'Crypto assets are not...

"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger. European Parliament economics committee member Stefan Berger has compared the current situation with FTX to the 2008 financial crisis, using “such Lehman Brothers moments” in justifying the need for regulating crypto.In a Nov. 9 tweet, Berger said proper regulation was needed to avoid issues which “cost enormous trust” in the crypto space, amid FTX reporting financial difficulties. The parliamentary committee member pointed to the Markets in Crypto-Assets, or....


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