Do Kwon was arrested in Montenegro. SDNY prosecutors released an indictment and will seek his extradition to the US.
March 24, 2023The court said the SEC's objection was "vague", that it failed to present any evidence, and that it should not have waited until the last minute to raise its concerns.
March 9, 2023Singapore police confirmed "ongoing" investigations into Terraform Labs, which is also being sued by the US SEC following its collapse last May.
March 7, 2023The Terraform ecosystem was 'simply a fraud propped up by a so-called algorithmic stablecoin', says Gurbir Grewal.
February 17, 2023Paxos is the issuer of a Binance-branded stablecoin that ranks as the third-largest, as well as its own stablecoin called Pax Dollar, the sixth largest.
February 13, 2023Project Pyxtrial will investigate technological tools that can enable systemic monitoring of stablecoins and their balance sheets.
February 8, 2023The inspections will prioritise high-volume crypto businesses with high money laundering risks. The disclosure system will cover issuance, listing and circulation.
February 7, 2023Under the new regulations, the FSA will only permit stablecoins that pass checks to ensure user protections are in place and reserve assets are secure.
January 31, 2023Banque de France official says tokenisation increases operational risks, especially cyber risks, and needs to be regulated "as swiftly as possible".
January 26, 2023Angela Ang looks back at digital asset developments in 2022 in Singapore, and ahead to what to expect in 2023.
January 18, 2023