The crypto market meltdown: Could it pave the way to new regulations?
— Theyre, Problems, Pave, Meltdown, Market, Financial, Money, Regulations, Crypto — 1 min read
On Point: "I'm like, this is a Ponzi scheme for people that have more money to to make than it is for any regular guy to say, I got something invested in it" One in six Americans have invested in crypto, according to Pew Research Center. A recent NBC poll found that half of men in the U.S. between the ages of 18 and 49 have dabbled in crypto. A quarter of Black American investors owned cryptocurrencies at the start of this year, compared with only 15% of white investors, the Financial Times says. On point: The crypto market is in meltdown, with $2 trillion lost so far; on Point: Could it pave the way to new regulations? Read more from Hester Peirce Source