FTX and After: Regulation to Protect the Consumers?

FTX crashed. And now FTX’s rival Coinbase urges the government to better regulate the crypto market – in order to protect consumers. While that would be an honorable objective, it actually sounds a lot like ‘regulatory capture’. Different from what a superficial look would suggest, government regulation is enticing when you’re a solid, big company. … Continue reading FTX and After: Regulation to Protect the Consumers?