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Blockchain and Financial Markets: Will computers push out brokers?

Financial Times   •
©The Financial Times Limited 2020 Apr 5, 2022 / 12:33 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

Sam Bankman-Fried, 30-year-old chief executive of FTX, stole the show at a March gathering with a groundbreaking proposal to US regulators to automate risk management in financial markets — using practices developed for digital assets

FTX is taking regulatory matters into its own hands. Chief executive Sam Bankman-Fried has already suggested to US Congress that the Commodity Futures Trading Commission (CFTC) should be made the regulator for all digital assets in US spot and derivatives markets. With its proposal to the CFTC, FTX is prodding its preferred regulator into action that could establish key rules of the road for traders

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