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Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils

Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and…

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Financial Companies Report First Deal With Digital Assets Under Russian Law

Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third…

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Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia

A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech…

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China Targets Crypto Mining at State-Owned Enterprises, Threatens Punitive Measures

Authorities in China are continuing to crack down on activities linked to cryptocurrencies which they consider illegal. The country’s top economic planning body has clearly indicated it intends to go…

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