Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing Do Kwon is currently out on bail in Montenegro, awaiting extradition to either the U.S. or South Korea. Continue Reading
Regulators Not Afraid to Take Action Against Crypto Rule Breakers, NYDFS Chief Says The regulator has brought enforcement actions against Coinbase and Robinhood. Continue Reading
Singapore Central Bank to Start ‘Live’ Wholesale CBDC Trials The trials are part of a broader initiative to set up infrastructure for digital money transfers, including tokenization of banking assets. Continue Reading
Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said. Continue Reading