The rise and fall of FTX

Major concern: FTX’s crash has created a sense of urgency to regulate crypto. — Reuters

THE Securities Commission (SC) recently welcomed more participants into the digital asset space by opening registrations for the new Recognised Market Operators-Digital Asset Exchange or RMO-DAX.

“Allowing more and greater variety of players to enter the market increases capital market vibrancy by widening the number and types of exchange platforms available for investors to invest in, and that is also safe and secure,” it said in a statement dated Oct 31.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

SC , RMO-DAX , FTX , bitcoin , regulation


Next In Business News

Exciting deals at Sunway Theme Parks Mega Roadshow
CPO futures likely to trade in yo-yo mode next week
Maybe Apple’s weakness isn’t just supply chain woes
Good news for the global economy
BP, Chubu Power to study CCS project at Nagoya
Short Position: Private equity exits, Managing cyber threats, Don’t kick the can down the road
Bonds surge as traders call time on hikes
Central banks continue fight against inflation
Defining market manipulation
Lee Chun Fai redesignated as IJM CEO and MD

Others Also Read