The Monetary Authority of Singapore (MAS) has announced its plans to collaborate with the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (FINMA), and the United Kingdom’s Financial Conduct Authority (FCA) to promote joint digital asset pilots. This initiative is an extension of Singapore’s ongoing asset tokenization project, known as Project […]
Zodia Custody, a crypto custody platform co-owned by Standard Chartered, SBI Holdings, and Northern Trust, has expanded its services to Hong Kong. This move comes in response to the increasing demand for crypto custody solutions from institutions in Hong Kong. Zodia CEO Julian Sawyer attributes the expansion to Hong Kong’s crypto-friendly stance and the government’s […]
United States-based cryptocurrency exchange Kraken has announced that it will comply with a court order to share the data of 42,000 users with the Internal Revenue Service (IRS). The court order, issued by the Northern District of California, requires Kraken to provide a wide range of records and data on its U.S. clients who have […]
At least 25 individuals have reportedly fallen victim to a data breach that affected password storage software LastPass, resulting in the loss of $4.4 million in cryptocurrency across 80 wallets. The breach occurred in 2022, but its impact was felt in October 2023 when the compromised wallets were tracked by on-chain researcher ZachXBT and MetaMask […]
