The Federal Financial Supervisory Authority of Germany calls for global regulation of the cryptocurrency industry

ChainCatcher news, Germany's top regulatory authority has called for global regulation of the cryptocurrency industry this week to protect consumers, prevent money laundering, and maintain financial stability.

Mark Branson, the chairman of the Federal Financial Supervisory Authority (BaFin), stated that a hands-off approach "will only allow the industry to develop into a playground for adults." (source link)