Galaxy Digital: The cryptocurrency market environment has changed, and SBF has risen unconditionally
2024-04-02 11:56:44
Galaxy Digital recently released a research report stating that the cryptocurrency market environment has changed and there are no longer conditions that drive the rise of FTX and its founder SBF. The report mentions that US investors now have access to regulated Bitcoin ETFs, which provide the same protection measures as buying stocks, reducing the motivation for investors to turn to unregulated overseas exchanges. The design of emerging cryptocurrency exchanges focuses on addressing the lack of custody and transparency during the FTX crash, ensuring that users maintain direct control over their digital assets.
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