Top of Mind

The Winter of Crypto's Discontents

Published on13 DEC 2022
The Future of Digital Assets

The recent rapid collapse of cryptocurrency exchange FTX on the heels of the crash of Terra’s Luna stablecoin and the failure of the Celsius crypto lending platform has sent shockwaves through the crypto ecosystem. In the wake of these events, questions about regulatory oversight of digital assets, where the ecosystem goes from here, and potential spillover risks to the financial system and the real economy are Top of Mind.

For answers, we turn to former SEC Chairman Jay Clayton, former CFTC Chairman Timothy Massad, One River’s Marcel Kasumovich, Yale’s Gary Gorton, and GS traders, strategists, and economists.

Goldman Sachs Research

The Winter of Crypto's Discontents

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