Pictures from Singapore raid that seized $735M in crypto and other assets
In addition to crypto, the raid captured luxury cars, expensive wine, fine jewelry, and rare collectibles.
Bitcoin24h
$104,915.01+2.31%
Ethereum24h
$3,297.99+0.81%
XRP24h
$3.17+2.49%
Solana24h
$253.75+6.58%
BNB24h
$698.31+2.27%
Dogecoin24h
$0.3641+6.09%
Cardano24h
$0.9953+2.86%
TRON24h
$0.2506+5.15%
Chainlink24h
$25.79+3.92%
Avalanche24h
$36.85+3.48%
Crypto firms in Singapore must hold client assets in separate trust
The Monetary Authority of Singapore (MAS) announced on Monday new rules for crypto service providers which will require them to hold customer funds in a separate trust before the end of the year, as well as restrict lending and staking of retail customers’ tokens. In a press release, MAS said that the proposed crypto rules […]
Crypto exchange Luno abandons Singapore months after staff cuts
Luno says the move is part of a “regular evaluation” of its global strategy and has advised users to withdraw tokens and funds by June 19.
Liquidators hunting $3 billion can now delve into 3AC financial records
With 3AC’s liquidation now recognized in Singapore, liquidators can determine what properties, bank accounts, NFTs, and crypto it owned.
Crypto companies flee the scepter of the Monetary Authority of Singapore
The Monetary Authority of Singapore was once heralded as more welcoming of crypto than Seoul or Hong Kong. Now, it plans to crack down.
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