Explainer

BT EXPLAINS

What is a Singapore dollar-backed stablecoin, and how does it work?

Coinbase users can trade XSGD, the only Singapore dollar-backed stablecoin, from Wednesday

Charging the crypto exchanges may be a move by the US Securities and Exchange Commission (SEC) to clarify the regulatory grey area in which cryptocurrencies have existed for years.

SEC vs crypto: Why the US government is going after Binance and Coinbase

US REGULATORS kicked off the week by slapping Coinbase and Binance with a host of charges, claiming that the companies have operated illegal exchanges and mishandled customer funds.