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Singapore will help crypto firms set up local bank accounts

SINGAPORE: Singapore’s financial regulator is willing to lend a hand to cryptocurrency firms having problems setting up local bank accounts, but doesn’t plan to loosen its rules to lure more crypto startups to the country.


SEC halts trading in crypto firm after shares rise 2,700%

NEW YORK: U.S. securities regulators on Tuesday temporarily suspended trading in the shares of Crypto Company, a small firm that saw its stock rise more than 2,700 percent this month after signing a deal to buy a cryptocurrency data platform.


Big corporates back crypto 'plumbing' despite currency caution

LONDON: Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they’re steering clear of the volatile currencies themselves.


Long Blockchain cashing in on crypto craze with stock offering

NEW YORK: The legion of microcaps that have booked massive share-price gains after changing their business to focus on the crypto craze are now looking to cash in.


SEC’s US$600mil crypto case ends with US$2.7mil penalty

NEW YORK: AriseBank claimed to have raised an eye-popping US$600mil at the height of crypto craze, making it a high-profile target when US regulators accused the company of fraud in January.


SEC shouldn’t ignore sketchy IPOs in crypto crackdown

TWO weeks ago, Bitzumi Inc, which describes itself as a “vertically integrated bitcoin exchange” of online media and crypto-related offerings, began soliciting investors on its website.


Taking a chance on the crypto world

Coefficient Ventures enjoys huge success and is now going for its second fund


After scandal and death, two alpine banks aim for crypto gold

WALK into Falcon Private Bank on the Pelikantrasse in central Zurich and you’re immediately struck by the giant photo of a woman crouched in the sprinter’s starting position, painted head-to-toe in gold.


Global crypto-currency warnings in Malaysia, elsewhere spark search for safe havens

NEW YORK: China and South Korea banned digital coin sales this year and regulators in the United States, Malaysia, Dubai, United Kingdom and Germany warned investors that current scant oversight exposed them to risks of fraud, hacking or theft. Regulators in Malaysia and the UK warned that digital coin sales are high-risk, speculative investments and that retail investors should be aware of that.


Global crypto-currency crackdown sparks search for safe havens

NEW YORK: When US entrepreneur Bharath Rao looked around for the best place to raise money for his crypto-currency derivatives trading business, the United States did not make his list. Instead he chose the East African island nation Seychelles to sell the trading platform's tokens.