14th November, 2022
The international crypto exchange shocked the industry when it announced top competitor, Binance, would acquire FTX to rescue it from insolvency. Now, with Binance out of the deal, and FTX Group filing Chapter 11 proceedings in the US, we will discuss our immediate expectations for digital assets markets.
Is this the final fallout after this summer’s lending crisis? What events do we expect to unfold in the coming days and weeks? Will the FTX collapse have long term effects on industry governance and regulation?