Crypto Crash: Can Wall Street's Safety Nets Help?

Crypto Crash Aftermath: Could Wall Street's Safety Nets Actually Worsen the Chaos? Last Friday's $19 billion crypto wipeout has sparked debate over whether circuit breakers could prevent future panic. Experts argue these traditional safeguards don't translate to decentralized finance and could backfire. With no central authority to halt trading and DeFi platforms designed to withstand volatility, the episode explores why crypto needs its own unique risk management tools instead of relying on Wall Street's solutions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.