The report came exactly one year since a court in the British Virgin Islands ordered Three Arrows Capital into liquidation.
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The report came exactly one year since a court in the British Virgin Islands ordered Three Arrows Capital into liquidation.
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Three trial use cases have been completed as part of the project, and the report uses them as a “framework for consideration” of financial market infrastructure.
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The latest regulatory approval for the crypto exchange comes within weeks of getting a MPI license from regulators in Singapore
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The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins.
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The crypto exchange has already announced efforts to expand into Canada and Europe amid a lawsuit from the United States Securities and Exchange Commission.
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Civil sanctions against 3AC’s co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until compliance with a subpoena.
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The stablecoin issuer is the second crypto company to receive Singapore’s MPI license this month, following Crypto.com.
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Singapore’s Crypto.com expands its regulatory achievements by securing a license for digital payment token services.
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The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency.
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