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Payments & Settlements
ECB to Launch Settlement Platform for DLT-based Transactions
By Thisanka Siripala | 24/02/2025
The ECB said the long-term strategy seeks to support international financial transactions while maintaining the stability of the European financial ecosystem.

Cryptocurrency
US SEC Dropping Cases Against Coinbase, OpenSea
By Thisanka Siripala | 24/02/2025
Coinbase said this is not just a victory for the company, but also for its customers, the US, and “individual freedom”.

Stablecoins
StraitsX Partners with StanChart on Stablecoin Reserve Management
By Nithya Subramanian | 24/02/2025
StraitsX said its stablecoins are “fully-backed” and issued in compliance with the MAS’ upcoming stablecoin regulatory framework.

Stablecoins
Japan to Ease Stablecoin and Crypto Brokerage Regulations
By Thisanka Siripala | 24/02/2025
The reforms would introduce a new “intermediary” category for crypto brokerage businesses and allow stablecoins to be backed by a broader range of assets.

Anti-Money Laundering
FTX Begins Creditor Repayments After Three-Year Wait
By Nithya Subramanian | 23/02/2025
The FTX estate has started distributing funds to creditors, with initial payouts prioritising small claims under $50,000.

Fraud, Scams & Cybercrime
US SEC Launches Cyber and Emerging Technologies Unit
By Nithya Subramanian | 21/02/2025
The unit will “root out those seeking to misuse innovation to harm investors and diminish confidence in new technologies”

Fraud, Scams & Cybercrime
India Enforcement Directorate Seizes $190m Related to BitConnect Scam
By Nithya Subramanian | 21/02/2025
The ED the f’s investigation revealed that the founder of BitConnect and his associates ran an unregistered, fraudulent investment scheme.

Payments & Settlements
China to Ramp Up Cooperation with Gulf States: PBOC Governor
By Mark Johnston | 20/02/2025
Speaking in Saudi Arabia, the PBOC governor pledged cooperation on local currency settlement, payment systems, digital currency and AML.

Cryptocurrency
SFC Grants Virtual Asset Trading Platform Licence to Bullish
By Sanday Chongo Kabange | 20/02/2025
The SFC has granted Bullish a licence to operate as a VATP, making it the 10th licence applicant to receive this approval.

Cryptocurrency
SFC Unveils Roadmap for Achieving Virtual Assets Hub Ambitions
By Sanday Chongo Kabange | 20/02/2025
The roadmap includes potentially allowing virtual asset derivatives, margin financing, and staking and lending services.
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