Regulation cannot eliminate ‘inherently high’ risk in crypto – The Irish Times
Every few months from the great, inscrutable world of cryptocurrencies a fresh piece of terminology hits the mainstream, promising to revolutionise the world of finance. Stablecoins are now the next big thing.
Invariably, after six months in which the new term fills newspaper columns and corporate types announce how they are embracing the “complex synergies and unlocking capabilities” of the new tech, it is forgotten with the arrival of an even newer term or concept.
The pace of innovation in the space is impressively fast, but that means regulators struggle to keep up with the inevitable knock-on consequences for investor risk.
Addressing the Blockchain Ireland conference, Gerry Cross, the director for capital markets and funds at…
