Singapore, Japan, Switzerland and U.K. to collaborate on digital assets pilots
The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.
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UK plans to introduce fiat-backed stablecoin rules in early 2024
The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday. See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead
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Standard Chartered’s Zodia Custody to launch in Hong Kong
The move is part of an Asia Pacific expansion effort by the cryptocurrency custodian.
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Thailand’s Kasikorn Bank buys majority stake in Satang crypto exchange
The lender, known as K-bank, said it will also open three additional crypto subsidiaries.
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Take two: Sam Bankman-Fried testifies, for real this time
FTX founder Sam Bankman-Fried denied defrauding anyone as he took to the stand in his criminal trial.
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Neo sets sights on DeFi, unveils EVM-compatible sidechain
Neo’s new sidechain hopes to counter MEV attacks to mitigate exploits and manipulations.
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Taiwan introduces crypto regulation proposal
Taiwan’s new bill mandates crypto platform permits, addressing self-regulation gaps.
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Sam Bankman-Fried’s testimony gets a test run as the defense presents its case
In a rare move, Judge Lewis Kaplan sent the jury home early so he can decide what is and isn’t admissible in FTX founder Sam Bankman-Fried’s testimony.
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Bitcoin soars amid buzz of potential ETF approval: Is a crypto renaissance on the horizon?
Top blockchain and crypto news: Bitcoin ETF potential pumps life in markets. Ethereum NFTs back on rise. Major industry layoffs continue.