Crypto / Digital Assets

Press Release

Meta Alpha Receives High Commendation at 2024 Regulation Asia Awards

By Editors | 04/11/2024

Meta Alpha was Highly Commended in the Boutique Digital Assets Advisory Firm of the Year category at the 7th Regulation Asia Awards for Excellence 2024.

Crypto / Digital Assets

MAS Unveils New Initiatives to Promote Tokenisation in Financial Services

By Nithya Subramanian | 04/11/2024

The initiatives include establishing a multi-member network to help FIs commercialise their tokenisation trials and providing access to a SGD wCBDC for market testing purposes.

Crypto / Digital Assets

Taiwan to Implement New VASP Registration System on 30 November

By Editors | 03/11/2024

The FSC is also drafting a new special law for virtual assets, covering areas such as licensing, consumer protection, capital requirements, and trading behaviour.

Sanctions

BIS Announces Decision to Exit mBridge CBDC Project

By Editors | 03/11/2024

Agustín Carstens said BIS is not leaving mBridge because of political considerations but instead because it is “at a level where the partners can carry it on by themselves.”

Enforcement

Global Operation Dismantles Major Malware Operations: Eurojust

By Nithya Subramanian | 02/11/2024

Authorities shut down servers and seized domains linked to RedLine and META, which stole personal data from millions of victims worldwide.

Crypto / Digital Assets

FTX’s Former Engineering Director Spared Prison Time

By Nithya Subramanian | 01/11/2024

Nishad Singh has avoided prison time after cooperating with prosecutors. But the court has ordered him to pay $11bn in restitution.

Crypto / Digital Assets

MAS Grants In-Principle Approval to Crypto Firm Gemini

By Nithya Subramanian | 01/11/2024

The licence will allow Gemini to provide cross-border money transfers and digital payment token services in Singapore.

Crypto / Digital Assets

Hong Kong’s ZA Bank Starts Trials for New Crypto Trading Service

By Sanday Chongo Kabange | 30/10/2024

ZA Bank CEO Ronald Iu said the trial demonstrates the digital bank’s commitment to supporting the wider development of virtual assets in Hong Kong.

Crypto / Digital Assets

BSP Grants Virtual Assets Authorisation to GoTyme Bank

By Sanday Chongo Kabange | 30/10/2024

GoTyme is only the second bank to be given authorisation to explore the potential introduction of digital asset services for customers.