The CFTC is monitoring LedgerX 'daily, if not hourly' in the wake of FTX's collapse, Commissioner CFTCJohnson said Thursday. lavender_au reports
Commodity Futures Trading Commission Commissioner Kristin N. Johnson said that the regulator had “boots on the ground” at LedgerX, a U.S.-based subsidiary of FTX, the multi-billion dollar cryptocurrency exchange which collapsed last week.
Johnson was speaking at the Institutional Digital Assets and Crypto Regulation Symposium organized by City & Financial Global in London on Thursday. Johnson said that the CFTC had required LedgerX to maintain member properties separately, submit to monthly, quarterly and annual examinations, as well as demonstrate the veracity of assets held in accounts on behalf of customers through proof of balance sheets and verified bank statements.
She said that even if there wasn’t legislation in place, there would always be a “number of options” for the CFTC to integrate regulation that preserves market integrity.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
With FTX US Derivatives Still Standing, CFTC Chair Credits Its Oversight | CoinMarketCapThe one FTX company that remains solvent is the U.S. derivatives exchange formerly known as LedgerX, which came already regulated 💁♀️
Baca lebih lajut »
The FTX contagion: Which companies were affected by the FTX collapse?Some of the firms affected include Genesis, Sequoia Capital, Galaxy Digital, and Galois Capital.
Baca lebih lajut »
TSM FTX drops FTXFTX had signed a huge sponsorship deal with TSM.
Baca lebih lajut »
The Fall of Crypto's Golden Boy - The Journal. - WSJ PodcastsUntil last week, FTX founder Sam Bankman-Fried was the face of crypto. Admirers saw him as an approachable, friendly billionaire eager to deploy his wealth for good. Then his crypto empire imploded, leaving hundreds of thousands of investors’ assets in doubt. WSJ’s Greg Zuckerman profiles the man behind FTX. Further Reading: -How FTX’s Sam Bankman-Fried Went From Crypto Golden Boy to Villain -FTX Tapped Into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall -Alameda, FTX Executives Are Said to Have Known FTX Was Using Customer Funds -FTX’s Collapse Leaves Employees Sick With Anger Further Listening: -How Crypto Giant FTX Suddenly Imploded
Baca lebih lajut »
Binance to Relaunch Bid for Bankrupt Lender Voyager: SourceSCOOP: BinanceUS is said to be preparing a bid for bankrupt crypto lender Voyager, according to a source. By IanAllison123
Baca lebih lajut »