G7 Calls for Urgent Crypto Regulation over UST/LUNA Fiasco

[mpyllan]

At a meeting this week, the body indicated that the goal is to ensure investor safety and financial stability as soon as possible. Reuters reports that the G7 asked the Financial Stability Board to expedite "consistent and comprehensive" global regulation. The news agency cites sources of a draft from the group. Seven of the world's largest economies: Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the United States, form the G7 group.
https://www.vanticatrading.com/post/g7-calls-for-urgent-crypto-regulation-over-ust-luna-fiasco

[eddie13]

Omg no..

I do not want investor safety

[OgNasty]

Omg no..

I do not want investor safety

Investor safety isn't something I typically long for either.  Stupid investors become a problem though when they pile into things like Luna and risk the entire ecosystem crashing because they think they can turn $1 into a million with the greater fool theory.  Something needs to be done though.  You could take Do Kwon to prison, but I doubt that would do anything to stop the next Bitconnect that rolls around...