Thursday, September 29

Speed, Scaling, and Regulation Will Play Key Roles for Cryptocurrencies in 2022, Says FTX CEO By CoinTelegraph

© Reuters. Speed, scaling and regulation will play a key role for cryptocurrencies in 2022, says FTX CEO

FTX founder and CEO Sam Bankman-Fried ended 2021 on an optimistic note. SBF elaborated on the state of the crypto market in 2021 and revealed the FTX roadmap for 2022 in a flurry on Twitter (NYSE :).

In his view, there are three cornerstones for the industry’s progress in 2022: regulation, scaling, and speed of transactions. It proposes solutions for each piece of the puzzle, referring to the participation of its exchange.

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Regarding regulation, SBF claims that stablecoins could be better reported and audited. In line with FTX’s stablecoin policies, he says greater transparency would solve “80% of the problems and allow stablecoins to thrive on land.” Meanwhile, better market oversight and a fraud-based regime for token issues could resolve other regulatory loopholes.

Read the full article on Cointelegraph

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