Unlicensed BTC dealer charged under Singapore’s new laws
An unlicensed BTC dealer has been charged in Singapore for facilitating money laundering, could face three years in jail. It’s the first action under new laws.
Latest Payment Services Act News
Singapore illegal crypto transactions draw ire of financial regulator
The Monetary Authority of Singapore (MAS) is preparing to implement new powers created under the Payment Services Act.
New Japanese crypto regulations on their way to upper house
New regulations aimed at the cryptocurrency sector have moved a step closer to the statute books in Japan.
Another crypto exchange gets green light from Japan regulators
DeCurret Co. Ltd. has successfully completed the application process to become registered as a virtual currency exchange service provider in Japan.
Stablecoins are not cryptocurrencies, Japan’s FSA confirms
The Financial Services Agency (FSA) has said that stablecoins are not virtual currencies under the definition provided in the Payment Services Act, in a statement that could have profound effects on how stablecoins are regulated in Japan.