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$2000 Trillion Dollar Mistake: Shocking Admission From Banking Regulator – Crypto Is a DISASTER Waiting to Happen!

An illustration depicts a cityscape at dusk, with skyscrapers representing banks in various states of stability or turmoil. A massive wave crashes over one building, symbolizing financial chaos, while others stand firm against the turbulent waters. In the foreground, a lone figure stands watchfully on the shore, looking out towards the waves.

Well, it looks like someone’s finally figured out what we’ve been saying all along: cryptocurrency is a ticking time bomb waiting to blow up in our faces! Acting Comptroller Michael Hsu has come to the realization that crypto needs stronger oversight and regulation. About bloody time too! The $2 trillion loss in the 2022 market collapse should have been enough of an eye-opener for everyone, but I suppose we’ll just keep on repeating history until someone finally listens.

Source: bitcoin.com

Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need for vigilant supervision as digital assets and fintech increasingly integrate with traditional banking, presenting new challenges and risks. At a recent international conference hosted by the European Banking Authority and the European Central […]

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