Macro Hive Conversations With Bilal Hafeez cover image

Yesha Yadav on Crypto Bankruptcies, Stablecoin, and Treasury Market issues

Macro Hive Conversations With Bilal Hafeez

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Bankruptcy Courts and the Future of the Crypto Market

This chapter explores the role of bankruptcy courts in the recent crisis of centralized crypto finance, discussing the bankruptcy proceedings of major institutions and the need for tailored rules for crypto assets. It highlights the power of bankruptcy courts in determining important decisions, such as the legal status of creditors and the outcome of transactions. The chapter also examines the expertise gap in dealing with cryptocurrency cases and the ongoing debate surrounding the classification of cryptocurrency.

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