The collapse of FTX sent shockwaves through the crypto ecosystem last year. But it gave rival crypto exchange Binance, the biggest in the world, a chance to dominate the markets. The FT’s digital assets correspondent Scott Chipolina explains why Binance has struggled to capitalise on that moment.
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For further reading:
Has Binance blown its chance to rule the crypto markets?
Small crypto exchanges take advantage of Binance’s decline
When tackling crypto, the SEC should be wary of overreach
Changpeng ‘CZ’ Zhao, crypto’s ‘corporate raider’
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On Twitter, follow Scott Chipolina (@ScottChipolina) and Michela Tindera (@mtindera07)