Pat Toomey (US Sen. ret.)

@SenToomey ↗

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Last Checked April 3, 2023

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Thu Nov 10 18:22:28 +0000 2022

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Pat Toomey (US Sen. ret.) @SenToomey

This episode underscores the need for a sensible regulatory regime that, among other things, ensures a centralized exchange segregates and safeguards customer assets. — PolitiTweet.org

Posted Nov. 10, 2022

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Pat Toomey (US Sen. ret.) @SenToomey

It seems FTX’s foreign exchange was acting in ways that put customer funds at significant risk. Given that traditional financial exchanges generally operate much differently, I imagine many FTX customers were not well informed (if at all) about the firm’s debatable actions. — PolitiTweet.org

Posted Nov. 10, 2022

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Pat Toomey (US Sen. ret.) @SenToomey

More broadly speaking, the crypto sector has been operating with far too much ambiguity because (a) regulators refuse to give well-meaning actors clear guidance and (b) lawmakers refuse to act. We should start by finding common ground in the lame duck with stablecoin regulation. — PolitiTweet.org

Posted Nov. 10, 2022