Singapore’s MAS has revoked the Bsquared license after finding false statements and serious regulatory breaches at the crypto firm. Summary Singapore’s MAS revoked Bsquared Technology’s MPI licence effective May 14, less than 18 months after it was granted on January 1, 2025. MAS found serious weaknesses in risk management and conflict of interest policies, plus failures in outsourcing arrangements with …
Author
Trevor Jones
-
Bitcoin
Ripple Prime Integration Gives Institutions Unified Access to EDX Markets
by Trevor Jonesby Trevor JonesKey Takeaways Ripple Prime integrated EDX liquidity to expand institutional access across …
-
Amundi Solana UCITS fund SAFO launches as Europe’s largest asset manager brings …
-
Crypto
Ethereum Facing Silent Crisis, Hit by 55% Drawdown With No Dip Buyers
by Trevor Jonesby Trevor JonesA negative Coinbase Premium Index suggests that US-based institutional buyers have …
-
Key Takeaways Total U.S. crypto ownership now exceeds 67 million people, representing …
-
Kraken has launched AVAX staking for eligible users globally, offering up to …
-
Crypto
a16z-Backed Syndicate Labs Blames Shrinking Rollup Ecosystem for Shutdown Decision
by Trevor Jonesby Trevor JonesSyndicate Labs revealed that all of its code will remain permanently …
-
Bitcoin
Solmate Infrastructure Pulls $11.4M From CEO and Board in Direct Offering Priced Above Market
by Trevor Jonesby Trevor JonesKey Takeaways Solmate Infrastructure (SLMT) CEO Ron Sade and board member Keren …
-
Mark Cuban says he has sold roughly 80% of his Bitcoin holdings …
-
“Age consumed” hit a record 17.4T, showing that long-dormant WLFI supply …
