The beginning of the end for cryptocurrencies

November 29, 2022

Cryptocurrencies have enjoyed a remarkable run from obscurity to a trillion dollar valuation in just over a decade. This column argues, however, that they have now reached the beginning of the end as the factors fuelling their success have come to a standstill. While crypto currencies are not much of a public concern, they will leave a fine legacy by forcing much-needed reform on the financial system.