Crypto markets recently experienced another bout of extreme volatility, punctuated by the collapse of the algorithmic stablecoin Terra (UST) and followed by louder calls for oversight by global regulators. We speak with Aleksander Berentsen, a professor at the Faculty of Economics at the University of Basel and co-author of Bitcoin, Blockchain and Crypto Assets: A Comprehensive Introduction, about what this “Lehman” moment means for industry developments and overall context.
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