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The coalition warned that the current limit is too low, noting some existing European projects already exceed it.
The team said thin liquidity and automated traders distorted the launch, while Nansen data showed some early buyers sitting on six-figure losses after the memecoin’s debut.
Chinese-language platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks.
Tenev told CNBC’s “Squawk Box” on Wednesday that public companies shouldn’t have veto power over third-party securities that reference their shares.
Exporters can use overseas earnings to fund imports directly, bypassing the official foreign-exchange system, the FT reported.
