Circle is latest recipient of Major Payment Institution license in Singapore
Circle’s Singapore affiliate, Circle Internet Singapore, has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Circle Singapore received in-principle...
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle...
Evidence in SEC suit includes 2022 testimony of Binance.US’ long silent ex-CEO
Former Binance.US CEO Catherine Coley, who is transparently known as “BAM CEO A” in the suit against Binance filed by the United States Securities and...
SEC lawsuits against Binance and Coinbase unify the crypto industry
Professionals across the crypto sector have responded to the United States Securities and Exchange Commission’s (SEC) recent actions against two of the biggest crypto exchanges,...
US Financial Services Committee sets date to discuss future of crypto
The United States House of Representatives Financial Services Committee has scheduled a hearing on crypto to discuss its future and provide clarity for the digital...
SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
The net worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) have suffered heavy blows due to recent lawsuits by the United...
Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
“Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer, Paul Grewal, told the United States Congress on...
House Ag Committee looks at digital assets regulatory bill, Dems ask how to pay for it
If there was ever such a thing as an all-star lineup of regulators, the United States House of Representatives Agricultural Committee’s June 6 hearing on...
Sequoia Capital announces three-way split to separate China business
Venture capital firm Sequoia Capital announced an impending split that will see the company break into three distinct partnerships serving the United States, China, and Asian...
Gary Gensler on crypto regulations: ‘there’s been clarity for years’
SEC sued Coinbase for violating U.S. securities laws today. Chair Gary Gensler discussed on CNBC’s “Squawk on the Street”. Coinbase stock opened nearly 20% down...