What Is a Crypto Conglomerate Like FTX? Economics and Regulations

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;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Richmond Fed Economic Brief

Publication Date: 2023-03

Volume: 23

Issue: 09