What Is a Crypto Conglomerate Like FTX? Economics and Regulations

Jonathan Chiu and Russell Wong

Richmond Fed Economic Brief, 2023, vol. 23, issue 09

Abstract: We explain the economics behind the rise and fall of FTX. We view FTX and its associates as components making up one large entity: a crypto conglomerate. Understanding the economics of crypto conglomerates is crucial for designing effective regulations.

Keywords: FTX; cryptocurrency; crypto conglomerate; cryptocurrency regulations (search for similar items in EconPapers)
Date: 2023
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