Crypto ‘bad actor’ risk falls as regulations tighten
Global regulators have significantly reduced the risk of another FTX-style scandal in the digital assets sector, according to a study by London-based investment manager Nickel Digital Asset Management.
The research, conducted with institutional investors and wealth managers, revealed that 75% of firms believe regulatory actions have curbed the risks posed by bad actors in the crypto space, with 20% saying the risk has fallen sharply.
Nickel’s survey, which included respondents from the US, UK, Germany, Switzerland, Singapore, Brazil and the UAE, found that some concerns remain. While most participants believe the situation has improved, 18% think the risk of another scandal remains unchanged, and 7% even feel the risk has…
