New Series on Crypto Derivatives - Part 2
The market continues to digest the Libra news — and this is certainly an important milestone in the evolution of crypto.
Stablecoin projects have become ubiquitous since early 2018 and typically link an on-chain digital asset with off-chain reserves.
In the short period since Libra’s announcement, we have already seen the regulatory friction this can create, given the potential competition with central banks combined with inherent reliance upon the traditional financial system for off-chain custody, reserve assets, and regulatory approval.
Crypto Derivatives Markets
We have just published the second report in our new series exploring cryptocurrency derivatives markets that are unencumbered by these challenges.