Bitcoin faces big hurdles to integrate fully into financial markets

Financial Times - 14/03/2024

Written by: Phillip Stafford

...Market participants caution that cryptocurrencies are poorly suited to the rigours of trading, while global regulators have concerns over the monitoring of companies that hold digital assets. Traders and executives also point out that crypto is not well adapted to key market functions such as netting — which is used to offset a position in one currency or security with another, to reduce settlement risks....