Following the collapse of crypto exchange FTX, most cryptocurrencies will most likely be regulated under existing securities laws, and traditional players such as the New York Stock Exchange may move into tokenized trading, according to the head of NYSE-owner Intercontinental Exchange Inc on Tuesday. “They’re going to be regulated and dealt with like securities,” ICE Chief Executive Jeffrey Sprecher said of cryptocurrencies at a Goldman Sachs Group Inc. financial services conference. Sprecher stated that he is not convinced that new laws are required to regulate cryptocurrency trading. “The laws already exist, and I believe they will be enforced more strictly,” Sprecher said.
