Regulators focus on effective crypto rules
AsianInvestor’s recent coverage of crypto investing has focused on investors' own concerns about the potential risks. Regulators and rating agencies have also been expressing their opinions on how rule-making should proceed.
In 2008, a loose US regulatory and rating regime relating to collateralised debt obligations, credit default swaps and other esoteric securities led to the collapse of Lehman Brothers and brought global markets to their knees.
The emergence of a new breed of alternative investments centred on cryptocurrencies is making supervisory agencies in Asia and further afield a lot more cautious in 2022.
The charm offensive by Changpeng Zhao (CZ), the founder and chief executive of Bina…
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