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September 01, 2020 1:28pm
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Top Regulator Compares Crypto to Credit Default Swaps

Michael Hsu, acting chief of the Office of the Comptroller of the Currency, told the Blockchain Association on Tuesday that crypto and DeFi may evolve into a threat similar to the credit default swaps that brought about the financial crisis in 2008. According to Bloomberg, Hsu told the Blockchain...
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