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coinpedia 2023-08-10 16:06:13

FTX Criticises UCC’s Asset Control Pursuit!

The post FTX Criticises UCC’s Asset Control Pursuit! appeared first on Coinpedia Fintech News FTX has strongly criticized the Universal Clearing Corporation (UCC) for its asset control pursuits. The UCC had recommended that debtors allocate nearly $2.6 billion of their cash reserves into short-term Treasurys. In a statement, FTX argued that this move would do more harm than good and would jeopardize the future of the cryptocurrency sector. FTX …

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