The new politics of money
This week on the podcast, the Global Counsel financial services team surveys the new regulatory landscape created by the rise of digital and cryptocurrencies.
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…