Financial Times
Nov 1, 2022 - 7 min
It could disrupt the norms of finance. Cryptocurrency exchange FTX wants US futures markets to use its technology, bringing 24/7 trading and automated risk management. Gary Silverman and Philip Stafford explore how the company has captured the attention of US regulators with a proposal to automate risk management in futures trading. Here, they explore what this could mean for the world of crypto regulation. ‘Yet Bankman-Fried created a buzz in Boca by focusing less on what is being traded on exchanges such as FTX and more on how it is being traded — the implication being that the gold might be in the new financial plumbing itself rather than what flows through it.’