Singapore

Terraform Labs co-founder Do Kwon (Terra)
Terraform Labs, Do Kwon Fail to Have Singapore Class-Action Suit Rejected: Report
The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.
Terraform Labs co-founder Do Kwon (Terra)

(Larry Teo/Unsplash)
Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications
"This shows that MAS is listening, and is willing to consider industry feedback, even if they do not always agree," said Angela Ang, a senior policy adviser for blockchain int...
(Larry Teo/Unsplash)

(Larry Teo/Unsplash)
There Is a World of Web3 Outside the U.S. and Europe
Crypto is thriving in the Asia-Pacific region -- where uses, users and builders abound, Gitcoin's Azeem Khan argues.
(Larry Teo/Unsplash)

Ravi Menon, Managing Director of MAS
'Cryptocurrencies Have Failed the Test of Digital Money,' MAS' Managing Director Says
Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.
Ravi Menon, Managing Director of MAS

Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.
Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)

Singapore Central Bank Starts Tokenization Pilots; What's Behind Solana’s SOL Rally?
Singapore Central Bank Starts Tokenization Pilots; What's Behind Solana’s SOL Rally?
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Singapore's central bank starting to test tokenization use cases alongside maj...
Singapore Central Bank Starts Tokenization Pilots; What's Behind Solana’s SOL Rally?

Night view of Singapore taken across the water.
Singapore Central Bank Starts Tokenization Pilots Alongside JPMorgan, BNY Mellon, DBS
The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.
Night view of Singapore taken across the water.

Hodlnaut to be liquidated (Sasun Bughdary/Unsplash)
Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows
A winding up order was filed by Hodlnaut's liquidators on May of this year.
Hodlnaut to be liquidated (Sasun Bughdary/Unsplash)

OECD logo of a globe, two chevrons and the letters OECD on display
International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up
Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement.
OECD logo of a globe, two chevrons and the letters OECD on display

(Shutterstock/Jonathan Weiss, modified by CoinDesk)
Can Bank-Backed Exchanges Solve Crypto Trading’s Trust Problem?
Platforms built for crypto-native investors have an edge over latecomers, though the industry is embracing "institutional-grade" standards, Dr. Bo Bai writes.
(Shutterstock/Jonathan Weiss, modified by CoinDesk)