Crypto Theft
Singapore jails six over S$4.9M crypto poker heist
Six Malaysians were jailed over a S$4.9 million Singapore crypto heist, with S$3.21 million in stolen assets still unrecovered after sentencing.
Singapore
Money Laundering
Singapore auctions assets seized in $2.37B money laundering case
Singapore has opened online bidding for the first 624 luxury items forfeited in its S$3 billion, or roughly $2.37 billion, money laundering case. Hotlotz said in…
Cryptocurrency
Gemini wins full Singapore crypto payment license
Gemini secured a Singapore MPI license covering digital payment token and cross-border transfer services without standard volume limits.
bank
Citi, DBS test instant U.S.-Singapore payments
Citi and DBS completed a weekend tokenized dollar payment between Singapore and New York in minutes using Swift’s blockchain ledger.
monetary authority of singapore
Singapore proposes new stablecoin rules covering foreign issuers and interest
The Monetary Authority of Singapore has proposed amendments to the Payment Services Act 2019 that would put its stablecoin framework into law while introducing rules for…
monetary authority of singapore
Former MAS official Ziqing Ang joins TRM Labs as APAC policy head
TRM Labs has appointed former Monetary Authority of Singapore official Ziqing Ang as Head of Policy for Asia-Pacific as the blockchain intelligence firm tracks more than…
Gemini
Gemini enables XRP transfers via XRPL in Singapore
Gemini users in Singapore can now deposit and withdraw XRP through XRPL, expanding the exchange’s support for Ripple-related assets.
Canada
Visa seeks stablecoin partner across 4 markets
Visa is reportedly seeking a stablecoin settlement partner licensed in four markets after Mastercard completed its BVNK acquisition.
Bitcoin
Singapore court freezes S$75m in Bitcoin, USDC over transfer dispute
A Singapore court has frozen about S$75 million ($58 million) in Bitcoin and USD Coin after a major crypto trading platform alleged that an internal ledger…