Cryptocurrency

Cryptocurrency

Grab Introduces Crypto Payments for Singapore Customers

By Ranamita Chakraborty | 20/03/2024

Grab’s new partnership with payments provider Triple-A allows it to offer wallet top-up option using Bitcoin, Ether, XSGD, USDC, and USDT.

Cryptocurrency

US SEC Secures $21m Settlement from Crypto Lender Genesis

By Editors | 20/03/2024

Genesis will only have to pay the civil penalty after all allowed claims in its bankruptcy are settled, including claims by Gemini Earn investors.

Cryptocurrency

FSS Korea Issues 2024 Virtual Asset Supervision Workplan

By Manesh Samtani | 19/03/2024

The supervision work plan includes measures to support regulatory compliance by VASPs ahead of the Virtual Asset Users Protection Act coming into force on 19 July 2024.

Cryptocurrency

SFC Issues Fresh Warning Against Unlicensed Crypto Firm MEXC

By Sanday Chongo Kabange | 18/03/2024

This is the second warning the SFC has issued against MEXC. Regulators in Korea, Japan, India and Germany have also warned against MEXC.

Cryptocurrency

SFC Issues Warning Against Crypto Products from Bybit

By Sanday Chongo Kabange | 15/03/2024

The warning refers to the Seychelles company Bybit Fintech Limited, and not the HK-incorporated Spark Fintech Limited, which has applied for an SFC licence.

Cryptocurrency

Australian Court Rules Against ASIC in ‘Finder Earn’ Crypto Case

By Editors | 15/03/2024

The court ruled against ASIC’s contention that the crypto investment product known as ‘Finder Earn’ was a debenture and therefore required authorisation.

Cryptocurrency

Thai SEC to Allow Private Funds to Invest in Spot Crypto ETFs

By Editors | 14/03/2024

SEC Secretary General Pornanong Budsaratragoon said the funds can only be offered to institutional investors and ultra-high-net-worth investors.

Cryptocurrency

Crypto Major OKX Wins In-principle Approval in Singapore

By Ranamita Chakraborty | 14/03/2024

OKX will focus on spot products first while it works to bring local banking connections to customers “as soon as possible”.

Anti-Money Laundering

US Court Convicts Alleged Founder of Crypto Mixer ‘Bitcoin Fog’

By Editors | 14/03/2024

Russian-Swiss national Roman Sterlingov was found guilty on four charges, though he maintained his innocence during the jury trial.