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Singapore central bank says three business days is ‘timely transfer’ for stablecoins
Redemptions of MAS-regulated single-currency stablecoins will have a longer grace period which is five business days despite some arguing that it should be done in real-time.
What are crypto-backed mortgages, and how do they work?
Crypto-backed mortgages involve using cryptocurrency holdings as collateral to secure loans, offering benefits like access to liquidity without selling assets.
Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses
In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months.
Singapore central bank releases regulatory framework for stablecoins
The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore.
Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case
Ryan Salame plans to plead the Fifth if he is asked to testify at Sam Bankman-Fried's criminal trial, according to United States prosecutors.
‘Evidence is piling’ for a new crypto bull run: Delphi Digital co-founder
Delphi Digital co-founder Kevin Kelly believes a recent change in a key U.S. manufacturing business index could be one of the bellwethers for a crypto bull run.
Binance seeks protective order against SEC’s ‘fishing expedition’
The exchange claims the SEC's deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance.
Crypto highlighted as 'novel and complex' risk to US banks: FDIC report
The FDIC warns that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks.
Analysts tip 5 catalysts that could break Bitcoin, crypto from its stupor
Analysts believe spot Bitcoin ETFs, new stablecoin adoption, and an upcoming Ethereum scaling upgrade are among the catalysts that could reignite the crypto markets.
Crypto custodian Prime Trust files for Chapter 11 bankruptcy
The crypto custodian's bankruptcy comes as it's been unable to honor customer withdrawals for months.