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Regulators want more protections for crypto investors

September 30, 2022


“Cryptocurrencies have frequently been the subject of worries by financial regulators and policymakers over the risk they pose to consumers. For almost a decade, there has been little that centralized financial regulators can do to safeguard crypto investors sold in a decentralized market. However, the recent increase in crypto frauds, scams, rug pulls, financial manipulation, and market downturns has prompted these authorities to reconsider their methods”, concludes Crystopolitan

Switzerland’s top market regulator pushed for regulators to do more to protect cryptocurrency investors from abuse in the $890 billion market that’s been plummeting for a week or so, according to a Reuters report.

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