ECB president reiterates calls for ‘MiCA II’ in response to FTX collapse

by Aurelia Butler 28 November 2022, 23:00 119 Views

At a Nov. 28 hearing of the Committee on Economic and Monetary Affairs of the European Parliament, Lagarde cited Facebook’s Libra as an example of the ECB’s involvement which was “helpful to stop some of the players” from engaging with crypto firms. However, she said the situation with FTX — involved with crypto assets as opposed to stablecoins — was more about the “stability and reliability” of the exchange and the ECB needed to step up as a global regulator to address people’s increasing interest in digital assets.

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Source: Cryptocurrency - investing.com

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ECB president reiterates calls for ‘MiCA II’ in response to FTX collapse

Cramer’s week ahead: Strong labor report could lead Fed to more aggressive rate hikes

U.S. criticizes China’s zero Covid strategy, says Beijing needs to boost vaccination among elderly

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