Blockchain / Crypto

Finblox, a Hong Kong-based crypto superapp backed by Dragonfly and Saison Capital, has announced the launch of tokenized rights to US Treasury Bills (T-Bills) in partnership with OpenEden, a firm that operates the first smart contract vault to offer 24/7 access to U.S. Treasury Bills.

Malaysian self-adhesive label solutions provider Komarkcorp has partnered with Chinese blockchain firm Ant Group Digital Technologies to tap into digital blockchain services. Komarkcorp wholly-owned subsidiary Komark International (M) Sdn Bhd has signed a memorandum of understanding (MoU) with Ant Group Digital Technologies' unit AntChain for the services.

The US Securities and Exchange Commission (SEC) on Tuesday charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program.

Circle Internet Singapore Pte. Ltd. (Circle Singapore), an affiliate of Circle Internet Financial, LLC (Circle), has obtained a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). The license allows Circle Singapore to offer digital payment token services, alongside cross-border money transfer services and domestic money…

Pouch.ph, a payment fintech launched in 2021 in the Philippines, said Monday it is transforming the landscape of the Philippine digital economy by enabling more than 400 small businesses to accept and process Bitcoin payments.

Charges include operating unregistered exchanges, broker-dealers, and clearing agencies; misrepresenting trading controls and oversight on the Binance.US platform; and the unregistered offer and sale of securities.

Oxalus, a Vietnam-based blockchain startup developing a non-fungible token (NFT) social commerce platform, has raised $1.1 million in seed funding led by IDGCVB and Kyber Ventures. With the new fund, the firm will consider making further investments in data development and growing its engineering team.

Singapore-based cryptocurrency exchange company Crypto.com announced Thursday that it has received its major payment institution (MPI) license for digital payment token (DPT) services from the Monetary Authority of Singapore (MAS).

"With FTX, as alleged by prosecutors and as admitted by key executives at FTX and its affiliates, there was fraudulent conduct intentionally hidden from investors, including Temasek. Nevertheless, we are disappointed with the outcome of our investment, and the negative impact on our reputation," Temasek said.

Gulf Binance Co., Ltd., a joint venture between Binance and Gulf Innova Co., Ltd. (Gulf), announced Friday that it has now secured digital asset operator licenses from the country’s Ministry of Finance for a digital asset platform, regulated by the country’s Securities and Exchange Commission (SEC).