After the latest crypto market rout, there is plenty of appetite for tougher oversight of the industry. But is it a securities or a commodities issue and which regulatory authority will win the battle for control?
Crypto investors have endured a bruising six months. In what has been dubbed ‘the crypto winter’, digital asset values have plunged, with the crypto market shedding around $2trn by mid-July. Bitcoin, the most actively traded cryptocurrency, had seen its value cut in half to around $23,000 in mid-August from roughly
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