JPMorgan: Crypto Market Regulatory Initiatives to Accelerate After FTX’s Collapse

bill, there is a transitional period of up to 18 months before the regulation takes effect. Recent events could lead to pressure to shorten the timeline, the report said.in May as there was a “perceived need for increased oversight and consumer protections.” There is likely to be more urgency following FTX’s November collapse.

Regulatory initiatives are likely to emerge focusing on custody and protection of customers’ digital assets, the unbundling of broker/trading/lending/clearing/custody activities, and transparency and the reporting of reserves, assets and liabilities, the note said. JPMorgan says crypto derivatives trading will probably shift to regulated venues, and the Chicago Mercantile Exchange is likely to benefit from this transition.

The bank says it is “skeptical of a structural shift” away from centralized exchanges into decentralized exchanges . DEXs would not work for the size of orders coming from larger institutions due to slower transaction speeds or because the institutions’ trading strategies and order size would be traceable on the blockchain.

jpmorgan FTX_Official willcanny99 It's high time centralized exchanges were more heavily regulated, while decentralized projects like metadexdao would be free.

jpmorgan FTX_Official willcanny99 If the regulatory hammer is coming, I hope is now , coz in anyway it will be scrap. I'm looking for the halving. Innovation cannot be regulated. Innovation cannot be stopped. BTC

jpmorgan FTX_Official willcanny99 Pre-planned to gain control of crypto.

jpmorgan FTX_Official willcanny99 Bro is not collapse is FTX_Official Scam

jpmorgan FTX_Official willcanny99 Welcome more regulations for CeFi and TradFi - but what FTX once again showed us is that DeFi worked great! There is need for little regulation in DeFi, as most is already transparent on the blockchain. flatcoin

jpmorgan FTX_Official willcanny99

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