Wall Street

Letters: Time to regulate cryptocurrencies

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City AM

By Elena Siniscalco [Re:Bitcoin tumbles below £13,500 as FTX turmoil continues, Nov 21] The collapse and ensuing investigation of FTX has cast a spotlight on the cryptocurrency ecosystem, sparking a wider public discourse on whether decentralised finance has a future role to play. While not downplaying the impact this collapse will continue to have on the crypto markets, we need to put this collapse in perspective and not let it dismiss the long-term value on offer from decentralised finance. The decentralised market is a complex entity, comprising cryptocurrencies, blockchain and other Web3 t…

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