The Monetary Authority of Singapore (MAS) has finalised its regulatory framework for stablecoins, taking into account and addressing feedback received from a public consultation in October 2022. Stablecoins are emerging as a...more
In the recent decision of ByBit Fintech Ltd v Ho Kai Xin and others [2023] SGHC 199, the Singapore High Court held that cryptocurrency is property capable of being held on trust. This decision marks the first time that the...more
The Singapore High Court recently rejected Algorand Foundation’s application to liquidate Three Arrows Capital based on a claim of 53.5 million USD Coin (USDC)—a form of cryptocurrency also known as a stablecoin, designed to...more