by AIP Online Bureau | Dec 6, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy
It’s been a brutal year for investors. Bitcoin’s price has dropped 63%, while the overall cryptocurrency market capitalization has lost $1.63 trillion in value. The collapse of Sam Bankman-Fried’s FTX exchange hammered a long nail into the market....
by AIP Online Bureau | Nov 29, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy
“The sense of urgency was not the same even two or three years ago. There are some dissenting opinions about whether crypto is a real issue at the international level because some people think that it’s still not a material issue and risk.Things are changing and due...
by AIP Online Bureau | Nov 22, 2022 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology, Wealth Management/ Philanthropy
The Singaporean central bank, in the statement, added, the most important lesson from the FTX debacle is that dealing in any cryptocurrency, on any platform, is “hazardous”. Singapore: The ongoing turmoil in the crypto industry serves as a reminder of the...
by AIP Online Bureau | Nov 11, 2022 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy
Janet Yellen,US Treasury Secretary “We need a high regulatory standard globally, we need to take steps to reduce the cost of cross-border payments and we are very actively working in the context of financial stability with Financial Action Task Force and...
by AIP Online Bureau | Oct 27, 2022 | Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy
While putting out the regulatory measures in the public domain, the Singaporean central bank said though trading in cryptocurrencies is “highly risky” and not suitable for the general public such digital assets play a supporting role in the broader digital...
