US Senator Elizabeth Warren Wants to Increase Control Over Crypto Exchanges
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The problems of FTX have triggered turbulence in the market and the subsequent collapse of Bitcoin and other virtual currencies.
According to US Senator Elizabeth Warren, the US authorities should tighten their control over such sites in order to prevent the recurrence of such incidents.
She believes that the stability of the digital currency market and the safety of investors can only be ensured through strict regulation of the industry.
The senator has noted that the SEC should develop a mechanism to prevent such crisis situations as soon as possible.
She is known for periodically advocating increased control of the cryptocurrency industry.
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