Cryptocurrencies shape up as 2023’s big regulatory clash

MLex Market Insight

The issue of how best to regulate cryptocurrencies came to the fore in 2022, with the spectacular implosion of crypto-exchange FTX prompting plenty of soul-searching. The upheaval appears to have paved the way for what is likely to be the big regulatory story of 2023: how best to rein in the excesses of the new ledger-based technologies. Yet as officials around the globe grapple with the challenge, our London-based reporter Phoebe Seers tells us there’s no clear path forward.