FSB points out shortcomings in multi-functional crypto-asset intermediaries highlighted by FTX collapse

2023-11-28 19:33

The Financial Stability Board has released a report highlighting the need for additional regulations in the crypto industry, particularly in the wake of the FTX collapse, to mitigate risks similar to those in traditional finance. origin »

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FTX’s collapse:  Hayman Capital’s Kyle Bass says ‘there’s more to come’

FTX’s collapse is still causing reverberations across the crypto market, with the latest crypto news being Genesis’s lending business halting customer withdrawals. Kyle Bass, the founder and CIO of Texas-based asset management firm Hayman Capital Management, says FTX’s collapse could just be the beginning of even more turmoil and failures in the crypto sector.

2022-11-17 19:31