The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions. The Monetary Authority of Singapore, or MAS, has been “carefully considering” adding restrictions that could affect how retail investors handle crypto, according to one of the government’s senior…
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Zhu Su, the co-founder and CEO of the troubled crypto hedge fund Three Arrows Capital, is reportedly seeking to sell a mansion he owns in Singapore. The CEO has been trying to offload at least one of his so-called good-class bungalows in the past couple of weeks, Bloomberg reported, citing undisclosed people with knowledge of…
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Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange will also have a dedicated team to support Argentinian operations.
Bybit Lands…
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A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes. Central bank digital currencies (CBDCs) do not pose any direct threat to cryptocurrencies like Bitcoin (BTC) but are still associated with risks in relation to stablecoins, one industry executive believes. According to…
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South Korean prosecutors have banned an unspecified number of current and/or former Terraform Labs officials, including developers, from leaving the country. KBS, the South Korean state broadcaster, reported that the identity of two of the number had been confirmed – and that both were former high-ranking officials at the company or its affiliates…. Read…
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Pavel Matveev is the CEO and Co-Founder of the major blockchain-based payments platform Wirex. __________… Read More: Which Markets Could Benefit the Most from Crypto? Read more »Pay, Trade, Buy Bitcoin with Credit Card
