Temasek Shifts Crypto Investing Stance After US$275 Million FTX Loss – The Online Citizen Asia

Temasek Shifts Crypto Investing Stance After US$275 Million FTX Loss - The Online Citizen Asia

SINGAPORE — Singaporean sovereign wealth fund Temasek Holdings has announced that it has changed its stance on the cryptocurrency market from its previously daring undertakings, citing regulatory uncertainty prevalent in the industry. said it is not currently seeking investment in cryptocurrency companies. The group’s decision to invest in cryptocurrency company FTX resulted in a write-down … Read more