Is crypto cleaning up its act?
Making Money
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Challenges and Changes in the Crypto Industry
The chapter explores the lack of safeguards and accountability in the crypto sector, leading to widespread fraud and risky investments for venture capitalists and retail investors. It highlights the shift towards more reputable and regulated players, like Coinbase, and the recent SEC filing for spot ETFs to bring legitimacy to the market. The discussion also delves into the complexities of offshore operations, the differences between spot and futures ETFs, and the need for consistent regulatory standards to protect investors in the evolving crypto landscape.
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Transcript
