# Crypto lender Hodlnaut reportedly faces police investigation in Singapore

# Crypto lender Hodlnaut reportedly faces police investigation in Singapore

” Crypto lender Hodlnaut reportedly faces police investigation in Singapore “ Singapore-based crypto lender Hodlnaut is reportedly facing a police probe over alleged offenses of cheating and fraud. According to reports published in local media, the police’s commercial affairs department has launched an investigation into the founders of the exchange based on multiple complaints against…

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# JP Morgan executes first DeFi trade on public blockchain

# JP Morgan executes first DeFi trade on public blockchain

” JP Morgan executes first DeFi trade on public blockchain “ Multinational banking firm JP Morgan has successfully executed its first ever cross-border transaction using decentralized finance (DeFi) on a public blockchain. The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2 — which was established as part of…

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# Stablecoin issuers Circle and Paxos gain approvals in Singapore

# Stablecoin issuers Circle and Paxos gain approvals in Singapore

” Stablecoin issuers Circle and Paxos gain approvals in Singapore “ Stablecoin issuers Circle and Paxos have each received approvals for their respective licenses from the Monetary Authority of Singapore (MAS), the city-state’s central bank. Circle received in-principle approval for a Major Payments Institution License allowing it to issue cryptocurrencies and facilitate domestic and cross-border…

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