In his characteristic manner, Sam Bankman-Fried, the co-founder and Chief Executive Officer of FTX Derivatives Exchange has reiterated again that his brand will be welcoming to regulations pushed by lawmakers to guide innovations in the cryptocurrency ecosystem.
Speaking at the Bipartisan Policy Center, Bankman-Fried noted that there has been observable friction in how the industry and those responsible for introducing regulations interact. This impasse, according to Bankman-Fried has to end, and he noted that he is willing to provide the help needed to bring functional regulations into the industry as much as possible.
“We are totally on board with regulation. It has to happen. It's healthy. It's the right thing to do. And we'd love to be helpful any way we can,” Bankman-Fried said. “I think our industry has not always done a great job at saying that. Sometimes maybe that was the intention, but it's come out more like ‘fuck you’ and that that wasn't as constructive a way to engage....
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...