In fact, as former CoinDesker Michael McSweeney wrote in a current Blockworks op-ed, the trade will seemingly be irrevocably modified by SBF. In the identical approach that the collapse of Mt. Gox accelerated the formation of rules all over the world (specifically in Japan, the place Mt. Gox was primarily based, and in New York State with the BitLicense), legislatures have mobilized to go legal guidelines to forestall the following FTX.
