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02-23-2025
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Monetary Authority of Singapore

Hodlnaut trims workforce by 80% as it attempts to resolve financial woes
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22 August, 2022

Hodlnaut trims workforce by 80% as it attempts to resolve financial woes

Embattled digital currency lender Hodlnaut laid off 80% of its workforce amid its current financial plight brought about by the...
The CoinGeek Pulse Episode 99: Tornado Cash sanctioned, Hodlnaut halts withdrawals, NFTs on Instagram
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12 August, 2022

The CoinGeek Pulse Episode 99: Tornado Cash sanctioned, Hodlnaut halts withdrawals, NFTs on Instagram

U.S. Department of the Treasury's Office of Foreign Assets Control said that cybercriminals regularly used Tornado Cash to launder money...
Monetary Authority of Singapore plans public consultation to amend stablecoin regulations
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6 August, 2022

Monetary Authority of Singapore plans public consultation to amend stablecoin regulations

The MAS is working on reviewing its approach to digital assets regulations, which will majorly target stablecoins, the Senior Minister...
Singapore MAS mulls more restrictions on digital assets trading platforms
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8 July, 2022

Singapore MAS mulls more restrictions on digital assets trading platforms

The Minister in charge of MAS noted that the new restrictions include limiting retail participation in digital assets trading and...
Three Arrows Capital sinks, sucking down cash and investors alike
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5 July, 2022

Three Arrows Capital sinks, sucking down cash and investors alike

Digital asset hedge fund Three Arrows Capital, which had been around since 2012, now appears to be dragging other industry...
Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market
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29 June, 2022

Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market

Sopnendu Mohanty also said that the MAS would enforce a "painfully slow" and "extremely draconian due diligence process" for digital...
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