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.
Crypto / Digital Assets
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.
Crypto / Digital Assets
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.
Crypto / Digital Assets
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.
Crypto / Digital Assets
“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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