GBBC Digital Finance Response to FTX Bankruptcy

GBBC Digital Finance (GDF) is disappointed by the FTX bankruptcy and its impact on customers, counterparties and market integrity. We call for calm until the full facts are disclosed during the unfolding crisis.

GDF remains committed to working with our members, regulators, and policymakers, to accelerate the adoption of best practices and governance standards globally, in a shared engagement forum.

As the leading global crypto, digital assets, and blockchain members’ association, we remain unwavering in our commitment to the GDF Codes of Conduct. This industry has no room for anything short of the global best-practice codes and standards that our members attest to.

We will continue to monitor the situation, and offer our knowledge, experience, and engagement forums to our members, policymakers, regulators, and the wider market.