3 years ago
Jesse Hamilton is CoinDesk's lawman managing exertion for planetary argumentation and regulation. He doesn't clasp immoderate crypto.
Michael Hsu, who runs a cardinal U.S. banking agency, said the caller fiery illness of TerraUSD (UST) and the wider play that came with it should service arsenic a “wake-up call” to the industry, which helium argued has grown excessively fast.
Hsu, the acting main of the Office of the Comptroller of the Currency (OCC), spoke astatine the DC Blockchain Summit successful Washington connected Thursday, saying the cryptocurrency manufacture has an unhealthy “dependency connected hype” that helium thinks is getting worse.
The self-described “crypto skeptic” said helium does spot immoderate benefits to the emergence of integer assets, but noted he’s satisfied with his agency’s moves to guarantee that it’s hard for accepted banks to go overly exposed to crypto.
This is simply a processing communicative and volition beryllium updated.
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Jesse Hamilton is CoinDesk's lawman managing exertion for planetary argumentation and regulation. He doesn't clasp immoderate crypto.
Jesse Hamilton is CoinDesk's lawman managing exertion for planetary argumentation and regulation. He doesn't clasp immoderate crypto.
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