Financial Stability Watchdogs Vow to Tackle DeFi, Learn FTX Lessons

โ€œCrypto trading platforms, combining multiple activities that are normally separated in traditional finance, can lead to concentrations of risk, conflicts of interest, and a misuse of client assets,โ€ the FSB said, noting it had drawn โ€œpreliminary lessons from the recent failure of FTX.โ€

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