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"While both Binance and FTX are not licensed here, there is a clear difference between the two," the MAS said in a press release published Monday.
Self-custody of cryptocurrency assets means investors have complete control of their crypto assets without the need to rely on any third party like the CEX.
The impressive performance of Dogecoin and the fact that Musk is one of its supporters could be the reason why DOGE holders are not worried despite the prolonged crypto winter.
A report said that Genesis was struggling to raise fresh cash for its lending unit, and warning investors it may need to file for bankruptcy if it does not find funding.
An FTX investor filed a lawsuit against the Golden State Warriors for making FTX appear reliable. The Golden State Warriors (GSW) may have won their latest game against the Houston Rockets, but it appears that their glory will be short-lived.