Thursday, October 23, 2025
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FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead

Ripple’s APAC Policy Director has described the fall of FTX as “incredibly damaging” for the crypto space, but says the industry should stand the test of time if its focus shifts towards building “real utility.”In a statement sent to Cryptox, Ripple’s APAC policy lead Rahul Advani said he expects the

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Singapore’s Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation

According to Menon, while the digital asset ecosystem uses blockchain, distributed ledger technology and tokenization to allow "anything of value to be represented in digital form, and to be stored and exchanged on a ledger that keeps an immutable record of all transactions" cryptocurrencies are just "heavily speculated upon" while

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