Cryptocurrencies
FTX’s Bankman-Fried on Crypto Regulation, Solana Meltdown, NFTs
- Outright ban on stablecoins would be ‘sad,’ exchange CEO says
- Expect more comprehensive regulatory frameworks, Harrison says
Sam Bankman-Fried
Photographer: Lam Yik/BloombergThis article is for subscribers only.
It’s been a busy few weeks for the cryptocurrency industry: U.S. regulators flexed their might. One of the most-hyped blockchains broke, kind of. And an insider trading scandal emerged in non-fungible tokens.
Bloomberg News spoke with Sam Bankman-Fried, chief executive officer of FTX, and Brett Harrison, president of FTX.US, about the state of the cryptocurrency market. FTX.US is the U.S. affiliate of FTX, one of the world’s fastest-growing crypto exchanges. What follows is an edited and condensed version of the interview, which took place on Sept. 17: