SPACES CHAT: Jane Street vs the crypto markets
Below is an AI-assisted summary of today’s wide-ranging Spaces chat on the implications of the Terraform Labs lawsuit against Jane Street, and broader peg-based systems.
Industry warns UK risks digital dollarisation without stablecoin reform
Fintech leaders told MPs that unless the U.K. backs a competitive sterling stablecoin regime, dollar-denominated stablecoins could dominate future payments systems.
Too big to flow: financialisation, fragility and the reserve trap
Why shrinking central bank balance sheets is not an option when financialisation quietly drives every incremental unit of GDP.