- Crypto's latest violent sell-off a wake-up call for investors and regulators
- Sensible long-term investors need a framework to follow
Maybe it is time the grown-ups take charge. The carnage in crypto markets gave a spanking to peddlers of trashy tokens and it should remind speculators in more sensible coins of the risks they take on.
Greater regulation, the threat of which sparked the sell-off, is the consequence of pain from such events being widely felt. It’s also the result of the decentralised currencies threatening to undermine central banks’ control of money supplies.