US Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn’t an Indictment of Crypto
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U.S. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separated “from perfectly lawful and innovative cryptocurrencies.” Emphasizing that “The collapse of FTX is not an indictment of crypto,” he noted that “cryptocurrency cannot be stopped” and “the technology would simply migrate offshore” if Congress tried. Separating Illegal Actions From ‘Perfectly Lawful and Innovative Cryptocurrencies’ U.S. Senator Pat Toomey (R-PA) explained in his opening statement at the Senate Banking Committee hearing Wednesday that the collapse of crypto exchange FTX is not an indictment against cryptocurrency. “There was unauthorized lending of customer assets to an affiliated entity, and
Following several years of contemplation, Pakistan has ultimately made a bold move for the crypto regulation. As per the reports, the Pakistani authorities are planning to implement comprehensive crypto regulations with the establishment of Pakistan Crypto Council. In this respect, the investment in digital assets such as Bitcoin ($BTC), Solana…
Poolz Finance, a decentralized cross-chain Launchpad and initial decentralized exchange (DEX) offering (IDO) platform built on Web3, has disclosed its strategic partnership with Crypto Paradise, a leading crypto media and growth platform, famous for daily market coverage for top projects. The primary purpose is to make the visibility of Poolz…