Bitfinex ‘Bail-In’ – New Financial System Offers Laboratory For Handling Unexpected Losses

Matt Levine, a former investment banker and mergers and acquisitions lawyer, sees the Bitfinex “bail-in” as an early step in bitcoin’s attempt to address unexpected financial fallouts. Writing in his “Money Stuff” column for Bloomberg, he noted there will be more such crises to come, and he is hopeful bitcoin/blockchain will be able to come […]

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