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Terraform Labs & Do Kwon’s $4.47B SEC Settlement Sparks Criticism, Higher than CZ’s $4.32B Penalty: Will Victims See Relief?
Terraform Labs has agreed to a $4.47 billion settlement with the SEC. However, the funds will go to the SEC, not the affected individuals, sparking public outcry from the crypto community and industry leaders.
Kikyo
Jun 13, 2024 1:08 pm
MAS Enforces Stricter Crypto Regulations for Service Providers
Commencing in stages from 4 April, these adjustments signify a notable transformation in the environment for crypto industry enterprises.
Kikyo
Apr 03, 2024 11:00 am
Singapore Boosts Payment Services Act: What Changes Are Coming for Token Management?
Singapore's regulatory enhancements aim to fortify oversight of digital payment token services, promoting compliance and user protection. The amendments signal a proactive stance towards financial security and regulatory alignment.
Cheng Yuan
Apr 02, 2024 5:17 pm
Singapore's MAS Maintain Caution Despite US Listing of Bitcoin ETFs
According to Singapore's regulator, the Monetary Authority of Singapore (MAS), cryptocurrencies like Bitcoin are not classified as eligible assets for ETFs.
Alex
Jan 18, 2024 2:08 pm
Singapore's New Bill: A Game-Changer for Crypto Financial Regulations
Explore how Singapore's Financial Institutions Bill 2024 is transforming the crypto regulatory landscape, enhancing MAS powers, and prioritizing investor protection.
Miyuki
Jan 13, 2024 6:03 pm
Upbit Singapore Elevates Digital Asset Scene with Major License
Upbit Singapore gains a pivotal MPI license, marking a significant stride in regulatory-compliant digital asset trading in Singapore.
Edmund
Jan 08, 2024 6:02 pm
HashKey Capital Singapore Gets Capital Markets Services License From MAS
Hong Kong-based digital asset group HashKey's Singapore subsidiary, HashKey Capital Singapore, has secured a significant regulatory milestone, obtaining a full Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS). This licence empowers the firm to deliver regulated fund management services primarily concerning capital markets products within Singapore.
Joy
Dec 20, 2023 11:35 am
MAS Chief: Private Crypto "Will Eventually Leave the Scene"
Ravi Menon, Managing Director of the Monetary Authority of Singapore, envisions a future with three main components: central bank digital currencies, tokenised bank liabilities, and "well-regulated" stablecoins.
Brian
Nov 28, 2023 2:26 pm
MAS Unveils Bold Moves: Putting the Brakes on Crypto Speculation in Singapore
Singapore's MAS introduces measures to safeguard against crypto speculation, reinforcing regulatory vigilance and navigating the challenges of Digital Asset Trading.
Hui Xin
Nov 24, 2023 4:28 pm
Singapore Starts Live CBDC Trials, One of Three-Part Initiative By MAS
MAS Managing Director Ravi Menon disclosed plans for the central bank to collaborate with local banks, testing the practical use of CBDCs as settlement assets for domestic payments.
Davin
Nov 17, 2023 2:39 pm
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