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“Pending the finalization of the framework, MAS requires Singapore-incorporated banks to apply a 1250% risk weight for exposures to riskier crypto assets such as Bitcoin and Ether,” he said. “… Based on MAS’ minimum total […]
However, FTX itself filed for bankruptcy in the second week of November, after days of speculation about whether it was fully liquid. The questions were sparked by a CoinDesk report revealing that much of FTX […]
The Bahamas’ attorney general defended the country’s regulatory regime amid crypto exchange FTX’s “debacle.” The Bahamas “is a nation of laws,” Ryan Pinder said in support of the island’s actions in the wake of the […]
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