FTX collapse could trigger ‘appetite’ for harsher regulation, says Andrew Yang
Cointelegraph
Published Nov 18, 2022 04:19PM ET
Updated Nov 19, 2022 02:40PM ET
Calls for harsher regulations around cryptocurrencies and digital assets will likely grow louder in the aftermath of FTX’s collapse — something former United States presidential candidate Andrew Yang said isn’t conducive to making America a hotbed for blockchain innovation.
Speaking at the Texas Blockchain Summit in Austin on Nov. 18, Yang acknowledged that the bankruptcy of FTX and sister company Alameda Research would make common sense crypto regulation harder to pass in the short term.
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Written By: Cointelegraph
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