The problems of the FTX cryptocurrency exchange triggered market turbulence and the subsequent collapse of bitcoin and other virtual currencies. U.S. authorities should step up oversight of such platforms to prevent similar incidents from happening again, said Senator Elizabeth Warren.
In her opinion, the stability of the digital currency market and the safety of investors can only be ensured through strict regulation of the industry.
The senator expressed her point of view on Twitter and said that the Securities and Exchange Commission (SEC) should develop a mechanism to prevent such crisis situations as soon as possible.