Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.
What is wrong with cryptocurrency? Or is it the players and ecosystem? How affected were you by the collapse of FTX and is there recourse for your loss? BT correspondent Howie Lim speaks to Wayne Huang, co-founder and CEO of XREX to find out.
Highlights of the conversation:
1:07 Cryptocurrency in 2022
3:37 The main issue with FTX’s collapse
8:33 How much will regulation help?
10:46 Balancing decentralisation and safety of customer assets
12:30 Recourse for customers hurt by FTX collapse
Produced by: Howie Lim (howielim@sph.com.sg) and Claressa Monteiro
Edited by: Howie Lim
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