In November, Temasek recorded a complete write-down of its investment in FTX.
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Crypto Games Free To Play
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Amidst the scarcity of verifiable information, a group of cryptocurrency enthusiasts are proactively making moves.
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The crypto debates have become progressively more polarized and politicized, exemplified by a recent CoinDesk article highlighting a contentious mining facility in New York.
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On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.
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Cathie Wood also alluded to the significant downfall of the crypto exchange FTX last year, stating that it effectively 'proved the concept' of bitcoin.
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The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.
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The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.
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The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.
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