In its Nov 21 statement, MAS made three key points in response to the questions and misconceptions it received.
The Monetary Authority of Singapore (MAS) has issued a statement in the wake of the collapse of FTX.com to clarify some of the questions and misconceptions that arose since the debacle.
The Bahamas-based crypto exchange filed for bankruptcy in the US on Nov 11 and is said to owe nearly US$3.1 billion ($4.26 billion) to its top 50 creditors.
