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Singapore’s DBS Bank Launches Digital Yuan Payment Solution in China
DBS Bank, a leading Singaporean bank in China, has launched a digital yuan merchant collection solution, marking DBSs first client transaction with Chinas digital yuan. This solution allows DBS’s co...

Reserve Bank of India Explores Cross-Border Payments with Digital Rupee
The Reserve Bank of India (RBI) is actively exploring the potential of its digital currency, the digital rupee, for cross-border transactions. The RBI is in discussions with central banks from......

Bankrupt Voyager Digital’s Creditors Racks Up $5.1M in Legal Fees
The creditors of the bankrupt crypto firm, Voyager Digital, face a $5.1 million bill. The New York law firm McDermott Will & Emery is seeking compensation for legal services provided......

FTX Files Lawsuit Against Ex-Compliance Chief Dan Friedberg
FTX, a bankrupt crypto exchange, has filed a lawsuit against its former chief compliance/regulatory officer, Dan Friedberg, after his alleged conflicts of interest involving Sullivan & Cromwell (S&C) ...

P2P Transactions Could be Banned in Belarus
In a bid to clamp down on criminal activities, Belarus is creating legislation aimed at prohibiting peer-to-peer (P2P) cryptocurrency transactions, stating that the Ministry of Internal Affairs is wor...

Bittrex Accuses SEC of Failing, Again, to Define Securities
Bittrex, a bankrupt cryptocurrency exchange, is contesting the U.S. Securities and Exchange Commissions (SEC) authority to regulate its operations through securities violations. This dispute, if won, ...

Thailand Restricts Crypto Custodial and Lending Services
In an effort to strengthen investor protection in the digital asset space, Thailands Securities and Exchange Commission (SEC) has rolled out a fresh set of directives for firms offering digital......

Singapore Further Solidifies Consumer Protection by Year-End
Singapore’s Monetary Authority of Singapore (MAS) has mandated crypto service providers to place customer assets into a statutory trust by the end of the year. This announcement, made on Monday,......

Crypto.com Executive Goes to Washington
Crypto.com, a leading cryptocurrency platform with over 80 million global users, announced on June 30 that its global head of derivatives legal, Steve Humenik, has been appointed to the U.S.......

BTC Spot ETFs Rejected by SEC; Applications Lack Clarity
The U.S. Securities and Exchange Commission (SEC) has reportedly found the recent applications for spot Bitcoin exchange-traded funds (ETFs) to be lacking in clarity and comprehensiveness, according t...