FTX bankruptcy rattles lawmakers globally. How does the industry move forward?
The bankruptcy of major cryptocurrency exchange FTX marks a major moment in the ongoing drive to regulate digital assets within the United States, likely dwarfing the impact seen by the collapse of the Terra-Luna ecosystem earlier this year. The concurrent timing of the 2022 midterms blunted the initial reactions from Congress, but with contagion risks still possible and…
“Nothing and no one is off the table”: a new UK approach to individual sanctions and dirty money?
UK foreign secretary Liz Truss has declared that nothing is off-limits in terms of sanctioning individuals to put pressure on Putin and his Ukraine policy. In this week’s podcast, we ask how far this no-holds barred approach is true, not just in Russia but also more broadly. Has Russia’s invasion of Ukraine fundamentally changed the UK’s willingness to go after “the bad…