Regulators put the future of America’s crypto industry in doubt
Firms will head to friendlier waters
Taylor Swift’s record-smashing “Eras” tour could end up being one of the most lucrative in musical history, possibly even minting the world’s newest billionaire. But Ms Swift has another thing going for her personal finances. When courted to invest in ftx, a now defunct crypto exchange, she reportedly balked: “Can you tell me that these are not unregistered securities?”
This article appeared in the Finance & economics section of the print edition under the headline “Crackdown”
Finance & economics June 10th 2023
- Who is keeping coal alive?
- Japan’s stockmarket rally may disappoint investors
- Surging stockmarkets are powered by artificial intelligence
- Amoral cities are flourishing in a turbulent geopolitical era
- Regulators put the future of America’s crypto industry in doubt
- After debt-ceiling negotiations, America faces a debt deluge
- A flawed argument for central-bank digital currencies
From the June 10th 2023 edition
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