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Spotlight on Cryptocurrencies

Until very recently, cryptocurrencies – the best-known of which is Bitcoin – were relegated to the margins of finance. In recent months, however, they have become a ubiquitous part of the debate happening between investors, regulators and Financial Institutions (FIs), driven by frothy valuations, extreme volatility, and growing concern around the ‘wild west’ nature of what remains a largely unregulated and speculative corner of the financial marketplace.