30. Crypto collapse: Is there still a future for digital currencies?
This episode of The Weekly Tradecast talks about the future of cryptocurrencies with UNCTAD economist Marina Zucker.
Regulators in various countries are now investigating after FTX – one of the world’s biggest cryptocurrency exchanges – filed for bankruptcy protection in late 2022.
As claims swirl, the high-profile company could owe repayments to as many as one million people. Whether they get the money is another question.
After other big bankruptcies before and after FTX’s unexpected collapse, digital currencies are facing tougher questions around volatility, security, safety and trust. With the impact hitting investors and other crypto companies, calls are also growing louder for tougher rules.
Tune in to Ms. Zucker to find out what could happen and should happen with digital assets.