FTX seeks to change US cryptocurrency rules to elect a major regulator.
On December 4, the FTX cryptocurrency exchange released data advising it to change the U.S. exchange rate rules. Ten principles are included in this sentence. First, FTX suggested that the exchange should be able to select a lead controller. The primary role of the derivatives trading industry is the CFTC, and the primary trading authority in the derivatives market is the SEC. . We choose market regulators as lead regulators. The main points of FTX include general issues related to asset management, risk assessment, consumer protection, KYC / AML and other financial matters. . The FTX requires regulators to keep track of the names of fixed parts and ensure that these fixed parts are regularly audited by financial institutions. (Short encryption) Previously, executives of cryptocurrency companies such as Coinbase and FTX were scheduled to attend the U.S. Congressional Cryptocurrency Conference on December 8.
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