Singapore has implemented new regulations for crypto service providers in a bid to enhance investor protection and maintain market integrity within the cryptocurrency industry. The
Read more
Crypto Exchanges In Singapore Will Now Keep Client Money in a Trust
After the implosion of the popular crypto exchange FTX in 2022, many governments started monitoring the activities within the industry. One of the governments that
Read more
Singapore to require crypto firms to put user assets into trusts by year-end
MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones.
Read more
BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books.
Read more
Japanese and Singaporean regulators join forces on crypto pilot project
“Decentralized financial ecosystem continues to develop in complexity, and it is important to address emerging risks,” said FSA official Mamoru Yanase.
Read more
3AC liquidators look to recoup $1.3B from founders
The report came precisely one year after a court in the British Virgin Islands ordered Three Arrows Capital into liquidation.
Read more