Unless regulators move to provide stronger oversight of this burgeoning sector of the cryptocurrency world, the risk to the broader financial system will grow.
Institutions Are Jumping into Crypto Faster Than Ever Before. Here’s Why.
It’s no secret 2020 was a big year for the institutional digital assets market. When rounding the corner into 2021, there were questions on whether the momentum was sustainable. The activity we’ve seen at Genesis this year has already shown us that it’s safe to put those questions to rest for now.
With significant industry developments like Coinbase’s direct listing, to the way we saw digital assets remain resilient amid both the GameStop and Archegos storylines, the past few months have marked a seismic shift in how crypto is viewed as an asset class and a valuable source of yield.
Crypto Lenders Say Wednesday's Crypto Crash Cleaned Up 'Excessive Leverage' yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.