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Paxos and DBS Bank launch stablecoin: fully approved by the Monetary Authority of Singapore, predicting the market will grow 10 times
Paxos has secured MAS approval to issue stablecoins in Singapore, partnering with DBS for cash management and reserve custody, while refocusing its business strategy and reducing its workforce by 20%.
ZeZheng
Jul 02, 2024 5:27 pm
Paxos合作星展银行发布稳定币:已获新加坡金管局全面批准,预测市场将增长 10 倍
Paxos 已获得 MAS 批准在新加坡发行稳定币,与 DBS 合作进行现金管理和储备托管,同时重新调整其业务战略并将员工人数减少 20%。
ZeZheng
Jul 02, 2024 5:27 pm
Rising Deepfake Crypto Scams: $79.1B in Losses Since 2022, $25.13B Projected for 2024 – Should Deepfakes Be Illegal?
Deepfake technology is increasingly used in cryptocurrency scams, impersonating figures like Elon Musk and Lee Hsien Loong to deceive users, resulting in over $79 billion in losses since 2022. This poses a significant threat to financial security and public trust.
Weatherly
Jun 28, 2024 5:40 pm
8 Out of 10 Released in Singapore’s $3 Billion Money Laundering Case, Wang Shuiming Deported to Japan, Others to Cambodia
Three individuals involved in Singapore's $3 billion money laundering case were deported to Cambodia, leaving only two gang members still in prison.
Alex
Jun 19, 2024 1:55 pm
新加坡30亿洗钱案8人出狱,王水明被驱逐至日本,其余前往柬埔寨
新加坡30亿美元洗钱案涉案三人被驱逐回柬埔寨,仅剩两名团伙成员仍在狱中。
Alex
Jun 19, 2024 1:50 pm
Worldcoin's Fate Hangs in Balance with EU Privacy Review and Temporary Extended Ban in Spain: Is It The End for Worldcoin?
The coming weeks could be crucial for Worldcoin, which faces significant challenges in the EU due to a series of privacy complaints, while Spain has extended its ban on Worldcoin until year end. With ongoing regulatory scrutiny, the question arises: Is the end near for Worldcoin?
Catherine
Jun 05, 2024 2:25 pm
Half of the gang involved in the S$3 billion money laundering case have been released from prison and deported, and are not allowed to enter Singapore again
星嘉坡眼
Jun 04, 2024 2:31 pm
30亿新元洗钱案团伙,半数已出狱且被遣返,不得再入境新加坡
星嘉坡眼
Jun 04, 2024 2:24 pm
DBS Bank's Ethereum Portfolio Unveiled - Holds 173,000 ETH with Over $200 Million in Unrealized Profits - What's Next?
The SEC approved the Ethereum spot ETF, pushing Ethereum near $3,900. A whale holding 173,000 ETH ($650M) linked to DBS Bank reduces sell-off fears. This approval signals increased institutional investment and acceptance.
Edmund
May 30, 2024 8:19 pm
Hong Kong Joins the List to Kick Out Worldcoin (WLD) – Which Country's Next?
Worldcoin faces global sanctions over privacy concerns, with bans in multiple countries including France, India, Hong Kong, and Brazil. Despite its ambition to offer universal financial access, questions remain about its approach and regulatory compliance.
Joy
May 23, 2024 6:09 pm
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