On a mission to tackle the crypto sector’s trust issues

On a mission to tackle the crypto sector’s trust issues
Sean van Deventer says despite crypto's scandals trust can be regained. (Image: Supplied)
Peter Griffin
Bitcoin’s price may be up 38% so far this year, but the shadow of the FTX collapse and other crypto implosions in 2022 still looms large over the entire market.  So, it may seem like a really bad time to be launching a crypto exchange, particularly a custodial exchange that, just like a bank, is responsible for safeguarding customers' assets. But Dr Sean van Deventer sees things differently.  “That whole FTX drama sort of took all the exchanges and put them back to day one in terms of trust,” says van Deventer, a...

More Markets

NZ sharemarket up 0.1% on flat trading day
Markets Market close

NZ sharemarket up 0.1% on flat trading day

The S&P/NZX 50 Index closed at 11,790.92, up 14.18 points or 0.12%.

Advent International eyes NZ deals with Aussie outpost
Markets

Advent International eyes NZ deals with Aussie outpost

US private equity giant says NZ key market for growth.

These shares are 'priced for awful'
Markets

These shares are 'priced for awful'

Kathmandu, SkyCity and Fletcher shares are under pressure. Some are taking the plunge.