Crypto investing is like gambling on horse races and the market was caught in a 'bubble doomed to burst,' ECB's Panetta says

Crypto investing is like gambling on horse races and the market was caught in a 'bubble doomed to burst,' ECB's Panetta says

Business Insider

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The European Central Bank's Fabio Panetta says crypto "urgently" needs a regulatory crackdown, citing the crash of TerraUSD and FTX's fallout.

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