Former chief executive of FTX Samuel Bankman-Fried is seen in the logo of his now bankrupt company. Photo: AFP/File
Former chief executive of FTX Samuel Bankman-Fried is seen in the logo of his now bankrupt company. Photo: AFP/File
Singapore

‘Not open to crypto speculation at all’: FTX meltdown puts focus on Singapore’s digital asset stance

  • FTX meltdown likely to spur the need for governments – in Singapore and elsewhere – to step up plans to regulate the cryptocurrency space
  • Some Singapore youth say they were convinced FTX was safe; authorities say they have long warned that cryptocurrencies are unsuitable investments for the retail public

Former chief executive of FTX Samuel Bankman-Fried is seen in the logo of his now bankrupt company. Photo: AFP/File
Former chief executive of FTX Samuel Bankman-Fried is seen in the logo of his now bankrupt company. Photo: AFP/File
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