Coinbase's decision to exit comes only a few weeks after rival exchange Kraken said it, too, would cease its operations in the country

The Singapore state investor said it had invested $210 million for a minority stake in FTX International, and $65 million in FTX US

FTX founder and former chief executive Sam Bankman-Fried, said he expanded his business too fast and failed to notice signs of trouble at the exchange

The government will also review property rights for tokenised assets and explore legalising so-called smart contracts

Zipmex resumed withdrawals a day after suspending them on July 20 and said it was working to address its exposure of $53 million to crypto lenders Babel and Celsius

Thailand's Securities and Exchange Commission has asked Zipmex users to submit information via an online forum on how they were affected by problems at the crypto exchange platform

Under the plan, Alameda Ventures, the trading firm also founded by Sam Bankman-Fried, would purchase all of Voyager's digital assets and digital asset loans,

Prosecutors said Ishan Wahi shared confidential information about forthcoming announcements of new crypto assets that Coinbase would allow users to trade through its exchange

Zipmex is the latest in a string of crypto players globally to run into difficulties following a sharp selloff in markets that started in May

A total of 15 places, including cryptocurrency exchanges and related offices, were searched on Wednesday

Ravi Menon, managing director of the Monetary Authority of Singapore, pushed back at reports that regulators missed the failings of crypto hedge fund Three Arrows Capital

Sitharaman said because cryptocurrencies are borderless, any legislation to regulate or ban such assets will only be possible through global collaboration.