Have cryptocurrencies lost their shine?

report published by RBC and Campden Wealth estimates that roughly a third of North American family offices invest in crypto—typically at less than 1% of their portfolios. The recent bankruptcy of crypto exchange FTX is the type of news that has likely kept some family offices out of the crypto space.

While there is a general a lack of regulation in the crypto market, RBC Global Asset Management’s Karim Hamasni notes that the crypto market is continuing to mature and makes the case that the FTX collapse may point a way forward for regulators to improve crypto transparency.


“Canada is moving toward more uniform rules for cryptocurrency exchanges”

Karim Hasmani
RBC Global Asset Management

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Sources

Canadian Family Offices, Have cryptocurrencies lost their shine, January 2023