3min chapter

Behind the Money cover image

What FTX’s collapse means for crypto

Behind the Money

CHAPTER

Investing in ETFs

The only way you can get something like FDIC protection is if you play by the regulator's rules. And so crypto can't have it both ways. They are either regulated like banks, which is an extremely onerous process. Or they're not and you can do what you like. But then if something goes wrong, users can lose everything. You can't haveit both ways.

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