Discover and read the best of Twitter Threads about #mica2
Most recents (1)
Today, we attended the #FTX hearing by the @EP_Economics in the @Europarl_EN.
It was an interesting discussion, with the underlying question being
"Would #MiCA have prevented the FTX collapse? Will the new rules be enough to address those issues?"
A🧵with key quotes:
1/9
It was an interesting discussion, with the underlying question being
"Would #MiCA have prevented the FTX collapse? Will the new rules be enough to address those issues?"
A🧵with key quotes:
1/9
Speakers underlined this is not a #crypto issue, but a human one
"The lack of segregation of user data in the #FTXscandal demonstrates the legislative need for the #EU to apply existing data protection rules to the #crypto market"
MEP @itinagli, Chair of @EP_Economics
2/9
"The lack of segregation of user data in the #FTXscandal demonstrates the legislative need for the #EU to apply existing data protection rules to the #crypto market"
MEP @itinagli, Chair of @EP_Economics
2/9
"The #FTXscandal is caused by human behaviour!
It is to the #crypto market what Lehman Brothers represented for the traditional finance industry. Had #MiCA been already in place, the #FTX case should have never been possible"
MEP @DrStefanBerger, MiCA Rapporteur
3/9
It is to the #crypto market what Lehman Brothers represented for the traditional finance industry. Had #MiCA been already in place, the #FTX case should have never been possible"
MEP @DrStefanBerger, MiCA Rapporteur
3/9
