US CFTC boss says Binance hack 'proves his point' about need for crypto market regulations
Michael Selig, the chairman of the US Commodity Futures Trading commission, on Friday addressed the hack of Binance that resulted in the largest cryptocurrency theft in history. Mr Selig spoke about the Binance incident during an appearance on CNBC's Squawk on the Street, and said the hacking ordeal "proves our exact point in proposing regulations for crypto markets earlier this month". The CFTC…
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