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Global jurisdictions unsure how to regulate crypto industry

Photo: Getty Images

Since the collapse of FTX earlier this month prominent figures, from Janet Yellen to Christine Lagarde, have expressed concern about how crypto could and should be regulated.

Former chair of the Federal Reserve, Janet Yellen, was the latest person to liken the FTX collapse in November to the Lehman Brothers bankruptcy that triggered the 2008-09 financial crisis. “I have been sceptical, and I remain quite sceptical,” she said. “I think everything we’ve lived through over the last