Series 6, Episode 8: “Let crypto burn”? Or regulate it?
This episode of Compliance Clarified considers the regulatory future of digital assets following the collapse of cryptocurrency exchange FTX. The failure has turned as many as 1 million customers from account holders into bankruptcy creditors, and cost its backers hundreds of millions of dollars. Regulators around the world are investigating what FTX’s new CEO called a “complete failure of corporate control.” Policy makers are calling with increasing urgency for new rules, but others say there is no point saving a sector of questionable purpose. In the episode, Randall Mikkelsen, managing editor for North America for Regulatory Intelligence, is joined by Todd Ehret, senior regulatory intelligence expert, and Richard Satran, senior correspondent, to consider the outlook for a new regulatory framework, or whether it is time to “Let Crypto Burn.” Follow these links for more coverage by Thomson Reuters Regulatory Intelligence of the FTX failure and digital-asset regulation:https://regintel-content.thomsonreuters.com/all-news-and-analysis-articleshttps://ri-int.thomsonreuters.com/current/#ri/document/ID0E642306A8111ED962BC132E7932FFA/view/%7B%22searchId%22%3A%22i0ad69f0500000184ed2801ee90bd9e38%22%2C%22resultId%22%3A%22i0ad6066700000184ed27f3ddabaecf52%22%2C%22contentType%22%3A%22News%20And%20Analysis%22%2C%22contentTypeSearchId%22%3A%22i0ad69f0500000184ed27f38c90bd9e26%22%2C%22returnText%22%3A%22backToSearch%22%2C%22returnTo%22%3A%22ri%2Fsearch%2Fi0ad69f0500000184ed2801ee90bd9e38%2Fpaginated%22%2C%22resultsToInclude%22%3A%22SUBSCRIBED%22%2C%22originType%22%3A%22Search%22%2C%22originId%22%3A%22i0ad69f0500000184ed2801ee90bd9e38%22%2C%22highlightTerms%22%3A%22ftx%22%2C%22page%22%3A2%2C%22pageSize%22%3A20%2C%22order%22%3A%22DATE%22%2C%22originPosition%22%3A37%7Dhttps://ri-int.thomsonreuters.com/current/#ri/document/I5EE367706A9B11EDBEEDAED0E2772415/view/%7B%22searchId%22%3A%22i0ad69f0500000184ed2801ee90bd9e38%22%2C%22resultId%22%3A%22i0ad6066700000184ed27f3ddabaecf52%22%2C%22contentType%22%3A%22News%20And%20Analysis%22%2C%22contentTypeSearchId%22%3A%22i0ad69f0500000184ed27f38c90bd9e26%22%2C%22returnText%22%3A%22backToSearch%22%2C%22returnTo%22%3A%22ri%2Fsearch%2Fi0ad69f0500000184ed2801ee90bd9e38%2Fpaginated%22%2C%22resultsToInclude%22%3A%22SUBSCRIBED%22%2C%22originType%22%3A%22Search%22%2C%22originId%22%3A%22i0ad69f0500000184ed2801ee90bd9e38%22%2C%22highlightTerms%22%3A%22ftx%22%2C%22page%22%3A2%2C%22pageSize%22%3A20%2C%22order%22%3A%22DATE%22%2C%22originPosition%22%3A39%7D The "Compliance Clarified" podcast series covers the wide range of topics which affect compliance at financial services firms, and aims to help compliance officers make sense of the often-challenging regulatory environment. It considers the big challenges of the day and offers practical ideas for emerging good practice.