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CFTC proposes new crypto exchange rules

US CFTC proposes new regulations for crypto exchanges to strengthen security against cyberattacks.

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Key points

  • The CFTC proposes new regulations for crypto exchanges to strengthen security against cyberattacks.
  • A reported $6.3 billion is cited in a reply on the cost of a decade of exchange hacks.

Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI

Original post

Watcher.Guru @WatcherGuru 4.9M followers

JUST IN: 🇺🇸 CFTC proposes new regulations for crypto exchanges to strengthen security against cyberattacks.
2,827likes 363reposts 156replies 185.7Kviews

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Reaction on X: Replies are overwhelmingly mocking and skeptical, calling the proposal late after years of exchange hacks and joking that the industry has been sent to the principal's office; no response from the original poster.

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From @CaitlinEParker, @GrabowskiDylan, @miyuvvii and others. Spam removed, with English and Chinese translations.

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