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?
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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
Edited by: Howie Lim
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