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Singapore Announces New AML Rules for Crypto Businesses – CoinDesk


The Monetary Authority of Singapore (MAS) is updating its regulatory framework for digital payments. Announced Tuesday, Singapore’s Payment Services Act 2019 (PSA) brings so-called Digital Payment Token (DPT) services – effectively covering all crypto businesses and exchanges based in Singapore Read More

Transfer Agent Vertalo Chooses Tezos Over Ethereum for Security Token Development – CoinDesk


Transfer agent Vertalo wants its customers to issue securities on the Tezos blockchain. The company has made Tezos its default blockchain, encouraging customers to switch over from ethereum. It has developed the ability to convert ERC-20 tokens to Tezos-formatted smart Read More

Former Employees Sue Justin Sun and TRON Foundation, Alleging Workplace Hostilities – CoinDesk


A lawsuit accuses the frontman of the TRON cryptocurrency and his business associate of harassing and firing two employees, allegedly as payback for the employees’ objections to management practices and applications of the technology they were developing. In a 70-page Read More

Major Australian Exchange Expands to Singapore for Crypto-Friendly Regs – CoinDesk


Independent Reserve, one of the largest cryptocurrency exchanges in Australia, is expanding to Singapore after an “overwhelmingly positive” response from the regulator. Adrian Przelozny, CEO and founder of the Sydney-based exchange, announced Friday it had expanded its trading services to Read More

Bitcoin’s Privacy and Scaling Tech Upgrade ‘Taproot’ Just Took a Big Step Forward – CoinDesk


A privacy and scalability upgrade that could turn out to be one of bitcoin’s largest to date has passed a couple of milestones that were little noticed outside technical circles.  On Tuesday, Pieter Wuille, a Bitcoin Core contributor and the Read More

Hawaiian Bill Would Let Banks Act as Crypto Custodians – CoinDesk


Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets. SB2594, introduced on Jan. 18 with bipartisan backing, would make it legal for Hawaiian banks to hold “digital securities,” “virtual currencies,” “digital consumer assets” and Read More