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Binance Hack Shows Why Offshore Exchanges Need US Oversight, CFTC Chair Says

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Binance Hack Shows Why Offshore Exchanges Need US Oversight, CFTC Chair Says

Michael Selig said the record $6.4 billion theft shows why offshore exchanges should register with the CFTC and adopt U.S.-grade cybersecurity standards.

Key Takeaways

  1. Michael Selig said the record $6.4 billion theft shows why offshore exchanges should register with the CFTC and adopt U.S.-grade cybersecurity standards.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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