‘Dealing in any cryptocurrency, on any platform, is hazardous’ — MAS says in wake of FTX collapse

Singapore’s central bank, the Monetary Authority of Singapore (MAS), issued a statement on Monday (Nov 21) to answer questions and address misconceptions stemming from the recent collapse of cryptocurrency exchange giant FTX. FTX, once the third-largest crypto exchange in the world, filed for bankruptcy in the United States on Nov 11. It’s possible that its estimated one … Continue reading ‘Dealing in any cryptocurrency, on any platform, is hazardous’ — MAS says in wake of FTX collapse