What the crypto market needs to entice institutional capital in

Adoption of more traditional regulated structure will help, but could dim crypto's rebel lustre, say industry participants

Cryptocurrency trading is being hailed as a disruptive force for the future of capital markets. Yet many note it not only bears a stark resemblance to the emergence and evolution of “traditional” financial instruments but must also adopt some of their established market structures.

While spot trading still occurs in a largely unregulated context, the real innovations that have driven the evolution of the crypto market’s structure have their roots in “traditional” financial markets and

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