Crypto winter exacerbated by FTX fallout; What’s ahead in 2023?

From promoting better crypto investment education to constructively working with regulators, trust building takes time and requires consistent, careful management.

Singapore’s Temasek writes down $275M investment in FTX; says currently have no direct exposure in cryptocurrencies

“In view of FTX’s financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX’s bankruptcy protection filing,” Temasek said.

FTX launches cryptocurrency service in Japan

FTX Trading Ltd.(FTX), a Bahamas-based cryptocurrency exchange, announced Thursday that it has launched FTX Japan to service Japanese customers. FTX Japan, operating via FTX Japan K.K. (FTX Japan), is a licensed Japanese crypto-asset exchange services provider and Type 1 Financial Instruments Business license holder.