Crypto Markets Continue Breakneck Pace of Development
The release of professional-grade services by the largest digital currency exchange demonstrates a breathless pace of growth that may be masking wider issues with the nascent asset class, traders suggest.
This time last year, digital currency exchanges were considering something they’d never had to do before—implementing circuit breakers to halt volatile price swings on their markets, ones which could wipe out clients trading on margin in nanoseconds.
Fast forward 12 months and the cryptocurrency markets have a derivatives layer, professional-grade tooling and, with the latest announcement from the largest exchange operator in this space, they now arguably have what they need to be considered a
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