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genius Hits New High of 0.55 USDT, Up 23.54% in 24H

【genius soared to 0.553 USDT, a new high with a 24-hour increase of 23.54%. It currently trades at 0.55 USDT on HTX.】genius Hits New High of 0.55 USDT, Up 23.54% in 24H

genius soared to 0.553 USDT, a new high with a 24-hour increase of 23.54%. It currently trades at 0.55 USDT on HTX.

genius Surges 20.73% in 24H, Currently at 0.5388 USDT

【genius currently trades at 0.5388 USDT, up 20.73% in 24h, according to HTX market data.】genius Surges 20.73% in 24H, Currently at 0.5388 USDT

genius currently trades at 0.5388 USDT, up 20.73% in 24h, according to HTX market data.

genius Surges 15.42% in 24H, Currently at 0.5151 USDT

【genius currently trades at 0.5151 USDT, up 15.42% in 24h, according to HTX market data.】genius Surges 15.42% in 24H, Currently at 0.5151 USDT

genius currently trades at 0.5151 USDT, up 15.42% in 24h, according to HTX market data.

opg Surges 19.93% in 24H, Currently at 0.2834 USDT

【opg currently trades at 0.2834 USDT, up 19.93% in 24h, according to HTX market data.】opg Surges 19.93% in 24H, Currently at 0.2834 USDT

opg currently trades at 0.2834 USDT, up 19.93% in 24h, according to HTX market data.

opg Surges 21.79% in 24H, Currently at 0.2862 USDT

【opg currently trades at 0.2862 USDT, up 21.79% in 24h, according to HTX market data.】opg Surges 21.79% in 24H, Currently at 0.2862 USDT

opg currently trades at 0.2862 USDT, up 21.79% in 24h, according to HTX market data.

cc Hits New High of 0.1601 USDT, Up 5.33% in 24H

【cc soared to 0.1602 USDT, a new high with a 24-hour increase of 5.33%. It currently trades at 0.1601 USDT on HTX.】cc Hits New High of 0.1601 USDT, Up 5.33% in 24H

cc soared to 0.1602 USDT, a new high with a 24-hour increase of 5.33%. It currently trades at 0.1601 USDT on HTX.

zest Surges 24.08% in 24H, Currently at 0.130007 USDT

【zest currently trades at 0.130007 USDT, up 24.08% in 24h, according to HTX market data.】zest Surges 24.08% in 24H, Currently at 0.130007 USDT

zest currently trades at 0.130007 USDT, up 24.08% in 24h, according to HTX market data.

mega Surges 10.07% in 24H, Currently at 0.0907 USDT

【mega currently trades at 0.0907 USDT, up 10.07% in 24h, according to HTX market data.】mega Surges 10.07% in 24H, Currently at 0.0907 USDT

mega currently trades at 0.0907 USDT, up 10.07% in 24h, according to HTX market data.

zest Surges 10.71% in 24H, Currently at 0.133177 USDT

【zest currently trades at 0.133177 USDT, up 10.71% in 24h, according to HTX market data.】zest Surges 10.71% in 24H, Currently at 0.133177 USDT

zest currently trades at 0.133177 USDT, up 10.71% in 24h, according to HTX market data.

According to Reuters, the crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such ‘conglomerate’ platforms will be the focus for 2023, Jean-Paul Servais, the new chair of global securities watchdog IOSCO said in an interview. Jean-Paul Servais said regulating crypto platforms could draw on principles from other sectors which handle conflicts of interest, such as at credit rating agencies and compilers of market benchmarks, without having to start from scratch. Cryptoassets like bitcoin have been around for years but regulators have resisted jumping in to write new rules. But the implosion at FTX, which left an estimated one million creditors facing losses totalling billions of dollars, will help change that, Servais said. Crypto ‘conglomerates’ like FTX have emerged, performing perform multiple roles such as brokerage services, custody, proprietary trading, issuance of tokens all under a single roof that give rise to conflicts of interest, Servais said. “For investor protection reasons, there is a need to provide additional clarity to these crypto markets markets through targeted guidance in applying IOSCO’s principles to crypto assets. We intend to publish consultations report on these matters in the first half of 2023,” Servais said.

Detail

【Global regulators to target crypto platforms after FTX crash】According to Reuters, the crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such ‘conglomerate’ platforms will be the focus for 2023, Jean-Paul Servais, the new chair of global securities watchdog IOSCO said in an interview. Jean-Paul Servais said regulating crypto platforms could draw on principles from other sectors which handle conflicts of interest, such as at credit rating agencies and compilers of market benchmarks, without having to start from scratch. Cryptoassets like bitcoin have been around for years but regulators have resisted jumping in to write new rules. But the implosion at FTX, which left an estimated one million creditors facing losses totalling billions of dollars, will help change that, Servais said. Crypto ‘conglomerates’ like FTX have emerged, performing perform multiple roles such as brokerage services, custody, proprietary trading, issuance of tokens all under a single roof that give rise to conflicts of interest, Servais said. “For investor protection reasons, there is a need to provide additional clarity to these crypto markets markets through targeted guidance in applying IOSCO’s principles to crypto assets. We intend to publish consultations report on these matters in the first half of 2023,” Servais said.

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