meta_pixel
Tapesearch Logo
Log in
Viewsroom

FTX collapse consigns crypto to fringes of finance

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 24 November 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

Sam Bankman-Fried’s failed crypto exchange is a huge blow to the ailing sector. In this Viewsroom podcast, Breakingviews columnists discuss how firewalls helped protect banks, how the saga will embolden regulators, and what the future looks like for digital currencies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Where do you find a clear signal in a world of static?

0:03.2

In a time of rapid change cut through the noise,

0:06.2

the economist goes beyond the headlines to decode the forces shaping today

0:10.7

and defining tomorrow.

0:12.7

Get the full story.

0:14.1

It's more than news.

0:15.4

It's a trusted global perspective.

0:17.2

The economist know which way is up.

0:20.7

The views expressed on this podcast are those of the participants, not Arroyd's News.

0:28.8

We've had conversations with a lot of major banks and other financial players over the last year.

0:34.3

And one really, really consistent theme has been all of them saying, look, you know,

0:39.1

six months ago we had a mandate basically never to touch crypto. And now we have a mandate that

0:44.8

we have to figure out how to do something in crypto for the next two months. Sam Lightman-Fried there,

0:49.7

talking in Hong Kong last year about the pressure banks were under to get involved in the

0:55.1

crypto craze. His company, FTCX's demise and its implications are the focus of this week's

1:01.6

views room. Welcome back to the views, the podcast from Reuters' breaking views where columnists

1:07.4

from around the world talk about the big stories of the week. I'm your host,

1:11.2

Amy Donnellin, coming to you from London. The crypto market is in crisis. Less than two weeks ago,

1:19.2

FDX, a digital exchange founded by trouserphobic Sam Bankman-Fried, collapsed. It's exposed the market

1:26.6

to a wave of scrutiny and raised questions about

1:29.4

regulation. And I'm very lucky to be joined by Liam Proud, our financial services guru, who has been

1:35.3

covering it, as well as Peter Tal Larson, our global editor of Breaking Views, who's also been writing

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Reuters, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Reuters and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.