Galaxy Digital: The crypto market environment has changed, and SBF has emerged unconditionally

ChainCatcher news, according to CoinDesk, Galaxy Digital recently released a research report stating that the cryptocurrency market environment has changed and the conditions that promote the rise of FTX and its founder Sam Bankman-Fried no longer exist.

The report mentioned that U.S. investors now have access to regulated Bitcoin ETFs that offer the same protections as buying stocks, reducing the incentive for investors to turn to unregulated overseas exchanges. The emerging cryptocurrency exchange is designed to address the lack of custody and transparency issues seen during the FTX crash, ensuring users maintain direct control over their digital assets.