FTX
Amid a divided Congress, market participants expect stablecoins to be the first type of digital asset to be regulated
While the debate on whether crypto should be regulated is essentially over in the UK and EU, in the US, many questions remain
The pace of the crypto M&A market is set to slow with the need to carry out thorough due diligence in transactions
Consumer protection and the financial promotions regime took centre stage for FCA representatives speaking to the Treasury Committee on the cryptoasset industry
The FTX collapse has highlighted the need for a more unified approach in seizing cryptoassets
As a liquidity crunch grips the crypto industry, regulators are expected to zero in on how virtual asset platforms are controlling investors’ assets
Further investigation is required to understand if the crypto exchange collapse could expose weaknesses in MICA
Commingling of accounts and cross-border nature of the bankrupt crypto exchange highlight complexities lying ahead
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