Singapore
DigiFT Wins Regulatory Approvals From the Monetary Authority of Singapore
DigiFT has received authorization from Monetary Authority of Singapore (MAS) to operate collective investment schemes and secondary-market trading, according to Henry Zhang, CEO of the Singapore-based digital assets exchange. Zhang joins "First Mover" to discuss the license and how Singapore is approaching the right balance between regulation and innovation in crypto.
Three Arrows Co-Founder Su Zhu Faces Questioning in Singapore Court in Hunt for Assets: Bloomberg
Zhu is expected to be released from jail this month for good behavior, Bloomberg reported.
How Singapore's Stance on Digital Assets Compares to Other Places
Singapore has been trying to strike the right balance between regulation and innovation in crypto, but how does the country's approach compare with other regions in Asia? TRM Labs senior policy advisor Angela Ang, who is also a former Monetary Authority of Singapore (MAS) regulator, weighs in.
Singapore’s Approach to Crypto Regulation
The Monetary Authority of Singapore (MAS) recently released the second and final tranche of responses as feedback on a consultation paper of proposed regulations for crypto service providers. TRM Labs Senior Policy Advisor Angela Ang, who is also a former MAS regulator, shares insights into Singapore's approach to digital assets and crypto regulation.
Singapore's DigiFT Wins Regulatory Approvals From MAS After Graduating From Sandbox
"DigiFT is the first exchange with an automatic market making mechanism to have been admitted into the MAS FinTech Regulatory Sandbox," said founder Henry Zhang.
Ravi Menon: Singapore's Middle Way Regulator
Singapore's central bank head has steered a path between Hong Kong's embrace of crypto and India's stifling of it.
Terraform Labs, Do Kwon Reportedly Fail to Have Suit Rejected; House Crypto Votes to Come in 2024
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including bitcoin price action, and KuCoin Ventures' grant to the TON network. Plus, Terraform Labs and its founder, Do Kwon, may be hit with a class-action lawsuit in Singapore. And, the latest timeline for a vote on crypto legislation in the U.S. House of Representatives.
Terraform Labs, Do Kwon Fail to Have Singapore Class-Action Suit Rejected: Report
The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.
Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications
"This shows that MAS is listening, and is willing to consider industry feedback, even if they do not always agree," said Angela Ang, a senior policy adviser for blockchain intelligence firm TRM Labs and a former MAS regulator.
There Is a World of Web3 Outside the U.S. and Europe
Crypto is thriving in the Asia-Pacific region -- where uses, users and builders abound, Gitcoin's Azeem Khan argues.
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