FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead
Cointelegraph
Published Nov 27, 2022 09:02PM ET
Updated Nov 27, 2022 10:40PM ET
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 Cointelegraph, Ripple’s APAC policy lead Rahul Advani said he expects the FTX saga to lead to greater scrutiny on crypto regulations, while governments will re-evaluate “their stance towards crypto and blockchain technology,” adding:
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Written By: Cointelegraph
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