Finance
Singapore Concludes $2.2 Billion Money Laundering Case with Fines
The Monetary Authority of Singapore imposes fines on banks after a significant money laundering investigation linked to luxury assets and cryptocurrencies.
Crypto
Taiwan Leverages AI to Combat Crypto Crime
Taiwan is enhancing its approach to cryptocurrency crime by collaborating with the Central Police University to utilize AI technology for tracking illegal activities in the crypto space.
Crypto
U.S. House Committee Moves Forward with Stablecoin Legislation Amid Concerns About Trump's Involvement
The House Financial Services Committee has advanced a stablecoin bill, despite Democratic warnings regarding President Trump's influence in the crypto market.
Finance
Financial Stability Council Raises Alarm Over Stablecoin Risks
The 2024 annual report from the Financial Stability Oversight Council reiterates concerns regarding stablecoins and their implications for financial stability.
Crypto
The Rise of Tokenized Money Market Funds and Their Impact on Stablecoins
Regulatory uncertainties have allowed tokenized money market funds to overshadow yield-bearing stablecoins, according to Aaron Kaplan, co-CEO of Prometheum.
