Former CFTC Chairman Said Crypto Lending Platforms Should Be Regulated

Former CFTC Chairman Timothy Massad believes there should be stronger regulation for lending platforms across the crypto industry, especially in light of the recent freeze of withdrawals by Celsius earlier this week. "A lot of people have losses who didn’t understand the risks they were taking." Massad said.
Source

Policy and Regulation

Related News
Singapore bans Polymarket amid national crackdown on online gambling sites Singapore bans Polymarket amid national crackdown on online gambling sites
South Korea imposes sanctions on North Korean crypto hackers, IT operatives South Korea imposes sanctions on North Korean crypto hackers, IT operatives
Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve
Iran moves to regulate crypto instead of imposing limits: report Iran moves to regulate crypto instead of imposing limits: report
Donald Trump appoints David Sacks to lead AI and crypto at White House Donald Trump appoints David Sacks to lead AI and crypto at White House
Latest News More More
BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
Pyth launches new oracle ‘Lazer’ to offer price feeds to latency-sensitive apps
21 Hours Ago Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
1 Day Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
1 Day Ago Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open