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Singapore central bank releases regulatory framework for stablecoins

Singapore central bank releases regulatory framework for stablecoins

Singapore’s central bank has released a revised regulatory framework aimed at ensuring stability for single-currency stablecoins (SCS) regulated in the city-state. The Monetary Authority of Singapore announced the framework on Aug. 15 which is aimed at non-bank issued stablecoins...

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300 Crypto Firms Jostled; Only 13% Clear UK FCA’s Registration Hurdle

300 Crypto Firms Jostled; Only 13% Clear UK FCA’s Registration Hurdle

The UK’s financial watchdog continues to maintain strict supervision of the emerging crypto industry in the country. Since January 10, 2020, 291 crypto asset businesses in the country have applied for registration under the 5th Anti-Money Laundering Directive (5MLD)....

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Voyager’s token transfer to Coinbase sparks sell-off suspicions

Voyager’s token transfer to Coinbase sparks sell-off suspicions

Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), worth around $2.77 million and an additional 250 billion Shiba Inu (SHIB), worth roughly $2.7 million, to crypto exchange Coinbase on Aug.11, according to Etherscan. The motive behind the transactions...

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