Blockchain News

Urgent: Singapore Crypto Regulation Forces Bybit, Bitget Exit After Final MAS Warning

The cryptocurrency world is abuzz with significant news from Singapore. Two major players, Bybit and Bitget, are reportedly planning their departure from the city-state. This development stems from a stringent stance taken by the Monetary Authority of Singapore (MAS) regarding offshore crypto services, marking a pivotal moment in Singapore crypto regulation. What Triggered the MAS […]

Blockchain News

US Senators Raise Fears Over Meta Stablecoin Plans

In a significant move highlighting ongoing regulatory scrutiny of big tech’s foray into digital currency, two prominent US senators have formally requested that Meta Platforms (formerly Facebook) provide a detailed explanation of its current Meta stablecoin ambitions. Why Are US Senators Questioning Meta Stablecoin Plans? Senators Elizabeth Warren and Richard Blumenthal sent a letter to […]

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Urgent: FSB Crypto Warning Signals Approaching Systemic Risk Threshold

The global financial watchdog, the Financial Stability Board (FSB), has issued a significant FSB crypto warning, indicating that the potential risks posed by the cryptocurrency market to traditional finance are nearing a critical point. This isn’t just about volatile asset prices; it’s about the increasing connections between these two worlds that could transmit shocks. What […]