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Browse: Home / 2023 / June / 29 / FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges – WSJ

FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges – WSJ

By Securities Docket on June 29, 2023, 8:17 am

FTX is moving ahead with plans to restart its flagship international cryptocurrency exchange, an effort that will face major challenges as regulators ratchet up their oversight of the industry and the company works its way through bankruptcy proceedings.

The company “has begun the process of soliciting interested parties to the reboot of the FTX.com exchange,” said Chief Executive John J. Ray III, who took over in November when the exchange filed for bankruptcy.

Source: FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges – WSJ

Posted in Industry, Top | Tagged FTX

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