Singapore’s latest order for unlicensed crypto firms to stop serving overseas customers marks the beginning of the end for regulatory loopholes in the blockchain industry. The May 30 directive from the Monetary Authority of Singapore (MAS) tells crypto firms and individuals offering services abroad to get licensed or get out. To some in the industry, … Read more
Singapore’s looming licensing mandate forces offshore-only crypto providers into urgent compliance mode, threatening to cut off unregulated access to tokenized finance and digital asset markets. June 30 Sparks Compliance Race for Offshore-Only Crypto Providers in Singapore The Monetary Authority of Singapore (MAS) issued clarifications on June 6 regarding the scope and application of its regulatory … Read more
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Eric Trump’s announcement of World Liberty Financial’s planned acquisition of the $TRUMP memecoin sparked initial interest but failed to generate significant market momentum. The muted price response contrasts with typical celebrity-driven memecoin rallies, underscoring the challenges of sustaining investor enthusiasm through endorsements alone. According to COINOTAG, the $TRUMP memecoin’s short-lived price surge highlights growing investor … Read more
Africa crypto news: A judge in South Africa wants modern crypto laws and banks in Kenya ready for crypto as Tether invests in Shiga Digital. A South African judge has criticized the country’s financial regulators for relying on Apartheid-era laws to regulate crypto. In Kenya, a Central Bank survey reveals that an increasing number of … Read more
United States President Donald Trump has signaled support for the idea that his official memecoin reflects public sentiment about his leadership. In a post on his social media platform Truth Social, Trump shared a Newsmax article discussing how his official cryptocurrency token serves as a gauge of political momentum, echoing views shared by some crypto … Read more
Circle pushed markets into rally mode on Friday after its shares spiked 48%, extending the chaos it kicked off with a massive NYSE debut the day before. The New York-based crypto company hit $123.49 at its highest point — nearly 4x its $31 offer price, which placed its fully diluted value at $32.1 billion, according … Read more
FC Barcelona head coach Hansi Flick decided not to object to the sale of a first team star … More previously deemed ‘untouchable’ because of his attitude after returning from injury according to SPORT, which cited anonymous sources. UEFA via Getty Images FC Barcelona head coach Hansi Flick decided not to object to the sale … Read more
The U.S. Department of Justice (DOJ) has seized 145 domains and cryptocurrency funds tied to the BidenCash identity theft marketplace, a dark web platform that trafficked in stolen payment card data and personal information. Operational since March 2022, BidenCash facilitated the sale of more than 15 million compromised records, serving over 117,000 users and generating … Read more
Injective, a popular L1 blockchain dealing with financial purposes, has selected BItGo (a leading platform providing infrastructure for digital assets) as its institutional-level validator. The development marks a landmark move in Injective’s endeavors to scaling DeFi adoption among institutions. The platform took to social media to reveal this initiative. The $100 Billion digital asset manager … Read more