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“Technology Didn’t Commit Fraud,” Says Circle CEO Jeremy Allaire

Published 01/20/2023, 10:30 AM
“Technology Didn’t Commit Fraud,” Says Circle CEO Jeremy Allaire

  • “Technology didn’t commit fraud, but firms and people did.” comments Circle CEO.
  • Singapore’s Tharman calls the crypto market “inherently speculative” and “slightly crazy.”
  • ECB’s Villeroy analyzes the greatest challenge of financial instability in crypto.

Bloomberg TV quoted Circle CEO Jeremy Allaire in a tweet where he says “The technology didn’t commit fraud” regarding the recent crypto turmoil. Allaire was attending a panel discussing the crypto asset regulations in the World Economic Forum held at Davos, Switzerland.

Even though bankers ...

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