The crypto industry needs a crypto capital market structure
The past few weeks have been interesting and have brought to the fore what we in the financial services industry call issues of concern, or MRAs. The MRA describes a practice that differs from sound governance, internal control and risk management principles. These issues that require attention have the potential to adversely affect the industry and increase the risk exposure.
I’ve always focused on innovation-led technology and business models – systems and interconnected elements of a blockchain-based business network – redefining transactional systems that power for many industries, including financial services. An increasing number of dissidents have spoken out about recent events, which have revealed poor management, poorly defined and misattributed systems, and general misrepresentation of branch. Therefore, I wanted to take a systematic look at the industry to understand what led to this view, analyze failures and make decisions about how we can learn from failures and build upon them. on successes.