Singapore’s US$31 million RegTech grant to boost crypto compliance
The RegTech grant, although not directed towards cryptocurrency, could have a profound impact on the industry.
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Why Binance stock tokens are drawing regulatory scrutiny
Are Binance stock tokens in Tesla, Coinbase and Apple mere tokens or company shares by a different name? Securities regulators are taking a close look.
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Turkey’s Thodex exchange fraud case yields six new suspects
Turkish authorities arrested six individuals in connection with the Thodex exchange fraud case.
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Binance Charity Fund donates to India’s COVID-19 fight
The charity arm of Binance is sending 175 oxygen connectors to India to aid in the coronavirus relief effort.
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Singapore’s DBS Bank reports US$60 million crypto under custody
DBS Bank says it has over US$60 million in crypto under custody and plans to expand trading hours to 24/7.
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China’s crypto miners make hard choices to meet climate goals
With Inner Mongolia banning crypto-mining and Xinjiang expected to soon follow, China’s crypto miners are turning to green energy or moving overseas.
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Binance and Huobi stablecoins surge as Asia seeks fiat alternatives
Binance’s BUSD and Huobi’s HUSD dominated their stablecoin rivals in the first three months of this year. Why is Asia hungry for alternatives to fiat?
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Ripple demands SEC to stop obtaining info on XRP dealings abroad
Ripple asks court to stop SEC from using MOU requests to get info on XRP from overseas regulators and pushes for access to SEC’s internal communications.
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How to balance crypto investor protection and innovation in Hong Kong
US and Singapore have licensing laws that give investors more confidence in crypto firms. Stephen Richardson of Fireblocks urges Hong Kong to follow suit.
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Tesla earnings soar from Bitcoin. PancakeSwap eclipses Ethereum. Coinbase delays Tether USDT listing.
Other top blockchain and crypto news: China’s internet giants JD.com and Ant Group reveal extent of digital yuan support. Turkey rethinks crypto ban.