CryptoHypeBuster

Binance Hack Shows Why Offshore Exchanges Need US Oversight, CFTC Chair Says

Decrypt · Fri, 30 Oct 2026 21:16:04 GMT

Hype 22/100 · Market impact 100/100 · Breaking 49/100

CFTC Chair Michael Selig said the record $6.4 billion theft underscores why offshore exchanges should register with the CFTC and follow U.S.-level cybersecurity standards.

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