Do repost and rate:
By Frank Hartzell It doesn’t matter how it’s classified, just write regulations that make sense, Sam Bankman-Fried tells Cramer. Sam Bankman-Fried, founder and CEO of FTX, a cryptocurrency exchange built for traders, told Jim Cramer on a recent episode of “Mad Money” that the new financial instruments require sensible regulation if they’re to fully enter mainstream finances. When Cramer asked about crypto regulation, Bankman-Fried said it makes total sense. He recently told Congress the same thing. He said the only way for crypto to become truly mainstream and gain consumer trust is for users …
