Author: Wei Xiang
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HashKey Capital Monthly Insights Report May 2024
May 2024 was a positive month for the cryptocurrency market, with several catalysts such as the FIT21 Act, the U.S. presidential election, and the sudden approval of spot ETFs bringing new bullish sentiment to the market. Read more
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[MAS] Exciting News in the Web3 Space
The following 49 entities have been exempted from holding a license under the 2019 Payment Services Act (PS Act) to provide digital payment token services. The participants include a variety of entities: Congratulations to all the participating entities! This milestone highlights Singapore’s growing interest as a Web3 hub and will promote job opportunities in the… Read more
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[ELLIPTIC] AI-enabled Crime in the Cryptoasset Ecosystem
Exploring Emerging Risks and Trends in Cryptocurrency and Artificial Intelligence The rise of Artificial Intelligence (AI) has shown the potential to drive significant and beneficial innovations across various industries, particularly in the cryptocurrency asset space. This report identifies five emerging types of AI-driven crime in the cryptocurrency ecosystem: Read more
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[Request Finance] The Ultimate Web3 CFO guide
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[Deloitte] Tokenization – Realizing the Vision of a Future Financial Ecosystem
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[ACRA] Developing the Future of Accounting Talent in Singapore
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HSBC Report: A New Payment Paradigm
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[TechAccountingPro] Exciting news!!! The company financial accounting rules template is here!!!
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[MAS] The Monetary Authority of Singapore imposed a fine of 2.5 million SGD
The Monetary Authority of Singapore (MAS) imposed a combined fine of 2.5 million SGD on Swiss Asia Financial Services Pte Ltd for violations of anti-money laundering and counter-terrorism financing regulations and issued warnings to its CEO and COO. During the MAS inspection, violations included: Read more
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[MAS] GUIDELINES ON LICENSING FOR PAYMENT SERVICE PROVIDERS
🚀 MAS new requirement for legal opinion and compliance / IT auditor assessment inputs to be provided during PSA license application. 3 cheers!!! More collaborations between industry players and professional services firms To ensure greater clarity, better facilitate application reviews and enhance efficiency of the licensing process, the Monetary Authority of Singapore (“MAS”) will be… Read more