BT Money Hacks: Is crypto still a viable investment option? (Ep 132)

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? Correspondent Howie Lim speaks to Wayne Huang, co-founder and CEO of XREX to find out.

Highlights of the conversation:

01:07 Cryptocurrency in 2022

03:37 The main issue with FTX’s collapse

08:33 How much will regulation help?

10:46 Balancing decentralisation and safety of customer assets

12:30 Recourse for hurt customers of FTX collapse

Produced by: Howie Lim (howielim@sph.com.sg) and Claressa Monteiro

SEE ALSO

BT Money Hacks: Lessons learnt from 2022 (Ep 131)

BT Money Hacks: Investing to outperform inflation (Ep 130)

Edited by: Howie Lim

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