Hong Kong firm targets spot Bitcoin ETF launch in Q1
A HONG KONG financial services company aims to start an exchange-traded fund (ETF) investing directly in Bitcoin this quarter as the city...
Ousted Binance founder CZ’s fortune grew by US$25 billion in 2023
HE MAY be headed to prison next year after pleading guilty to US criminal charges in November, yet 2023 held a silver...
Class action with 377 parties against Terraform, Do Kwon to move ahead in Singapore court
A REPRESENTATIVE action – or what is commonly understood as a class action – brought against Terraform Labs and its co-founders is...
Regulations for digital payment token service providers expanded to include foreign customers
ALL retail consumers of Singapore-regulated crypto providers will, from the middle of 2024, have to fall in with regulatory measures aimed at...
What you need to know about Richard Teng, Binance’s new CEO
SINGAPOREAN Richard Teng is poised to take over as the face of one of the world’s largest crypto exchanges.
What are stablecoins, and will their adoption take off?
A STABLECOIN is a type of digital currency whose value is pegged to another asset class. The peg is usually to a...
Regulators should ensure crypto service providers handle client orders ‘fairly and equitably’: watchdog
IN THE wake of several high-profile collapses in the cryptocurrency and digital asset space, an international securities watchdog is pushing for a...
Crypto platform Paxos gets in-principle approval to issue stablecoins in Singapore
CRYPTO platform Paxos has received in-principle approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services under its...
Crypto company Ripple wins payments licence from MAS
CRYPTO payment company Ripple announced that its Singapore subsidiary, Ripple Markets Apac, has won a major payments institution licence from the Monetary...
DeFi activities should be regulated to prevent misconduct and protect investors: Iosco
DECENTRALISED finance (DeFi) arrangements and activities should be regulated in a manner consistent with the aim of promoting investor protection and preventing...