Sam Chen

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    Sam Chen is a contributor to Regulation Asia. He has previously worked for firms including Fireblocks, ByteDance, and Accenture, and provided IT consultancy services to large banks and the government sector.

    Articles by Sam Chen

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    Stablecoins

    Regulatory Scrutiny Causing Seismic Shifts in Stablecoin Market

    24/02/2023

    Since the NYDFS ordered Paxos to stop minting BUSD, the world’s third-largest stablecoin, its market cap has shrunk by over $4bn.

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    Stablecoins

    Visa Reveals Plans to Allow Direct Settlement Using USDC

    10/02/2023

    Visa has tested the feasibility of accepting large value settlement payments in USDC, using the same process as for foreign currency transactions.

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    Custody & Infrastructure

    StanChart-backed Zodia and SBI to Form Crypto Custodian in Japan

    08/02/2023

    Zodia Custody and SBI Digital Asset Holdings aim to offer “gold-standard” crypto asset custody services in Japan.

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    Fraud, Scams & Cybercrime

    “My Big Coin” Crypto Founder Gets Eight Year Jail Sentence

    04/02/2023

    In the first sentencing of a crypto founder for a marketing fraud, prosecutors said Randall Crater defrauded investors of more than $7.5mn.

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