Is This The Cryptocalypse?

The (once) third-largest cryptocurrency exchange, FTX, collapsed in stunning fashion this week, highlighting why consumers really do want regulation, and why old financial institutions remain wary of crypto.   Guest: Felix Salmon, host of Slate Money, chief financial correspondent for Axios. Host: Lizzie O’Leary   If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you’ll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices