Crypto.com CEO Kris Marszalek has called for regulatory scrutiny of cryptocurrency exchanges following $20 billion in liquidations over the past 24 hours. In a post on the X platform, Marszalek questioned the fairness of trading practices, highlighting concerns about potential trading slowdowns and the accuracy of trade pricing. He urged regulators to examine transaction monitoring, anti-money laundering procedures, and the independence of internal trading teams to protect consumers and ensure market integrity.
Crypto.com CEO Urges Regulatory Probe into Exchanges After $20B Liquidations
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