Singapore asks crypto firms to deposit customer assets in a trust, restricts lending, staking services to retail users

Cryptocurrency service providers in Singapore will have to keep customer assets under a statutory trust before the end of the year, for safekeeping purposes, the city state’s central bank announced Monday.

• 2023-07-03
• Singapore service providers retail customers customer assets statutory trust legislative amendments regulatory measures

Thailand Follows Singapore, Bans Crypto Exchanges From Offering Lending Services

Like Singapore, Thailand is putting investor protection at the forefront of its crypto policy approach.

• 2023-07-03
• Thailand depository services Singapore investor protection retail customers

Are Regulators Taking Aim at Crypto Staking? Rumors Suggest New SEC Scrutiny

A Twitter thread by Coinbase CEO Brian Armstrong has renewed fears that the Feds could clamp down on staking.

• 2023-02-09
• Brian Armstrong SEC Coinbase retail customers