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CFTC’s Selig Uses Binance Theft to Press for Federal Crypto Exchange Oversight

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Commodity Futures Trading Commission (CFTC) Chairman Michael Selig is using the theft of more than $6.3 billion from Binance to press his case for bringing offshore cryptocurrency exchanges under federal supervision. In an appearance on CNBC on Friday (Oct. 30), he argued that the attack exposes gaps in exchange safeguards rather than a failure of […]

The post CFTC’s Selig Uses Binance Theft to Press for Federal Crypto Exchange Oversight appeared first on PYMNTS.com .

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