Latest Web3 Finance and Compliance Reports
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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…
4 min read
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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…
4 min read
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[TRM] 🔍Exploring the Russian-speaking Illicit Crypto Ecosystem 🚨
From ransomware groups to illicit marketplace operators, Russian-speaking threat actors have become a significant force in international crypto crime. 🌐💻 🔐 Ransomware: This type of malicious software encrypts…
4 min read
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[FSB] 🌍 Cross-border Regulatory and Supervisory Issues of Global Stablecoin Arrangements in Emerging Markets and Developing Economies! 💹
Global stablecoins (GSCs), which are stablecoins that could be widely used as a means of payment and/or store of value across multiple jurisdictions, could pose significant risks to…
4 min read
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U.S. Department of the Treasury: 2024 National Strategy for Combating Terrorist and Other Illicit Financing
Outreach to the industry to ensure that VASPs engaged in money transmission and business activities in the United States are registered and comply with all AML/CFT requirements and…
4 min read
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[Presto Research] Market Making:Predatory or Essential?
Market makers contribute significantly to reducing volatility and transaction costs by providing substantial liquidity, ensuring efficient trade execution, fostering investor confidence, and enabling smoother market operations. Market makers…
4 min read
