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Singapore to Roll Out Stablecoin Regulations, Expand CBDC Trials

Singapore's Monetary Authority (MAS) is set to introduce regulations for stablecoins and broaden trials for central bank digital currencies (CBDC). During the Singapore FinTech Festival 2025, MAS managing director Chia Der Jiun emphasized that well-regulated stablecoins could enhance trust in financial networks. He noted the importance of sound reserve backing and reliable redemption processes to foster stability and offset risks posed by unregulated stablecoins. Singapore's approach combines stringent consumer protections with advanced tokenization programs, building upon previous pilot projects that demonstrated the viability of asset-backed tokens in foreign exchange and fixed-income markets. MAS will also publish guidelines on tokenized capital markets, aligning its standards with international partners to encourage interoperability. Stakeholder feedback highlighted the need for faster regulatory processes to support innovation and commercial scale, while maintaining national standards. This balanced methodology aims to position Singapore as a leader in the digital asset landscape.

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Tornado Cash Case: DOJ Had Enough Evidence to Convict Roman Storm

Prosecutors from the Southern District of New York asserted that there was sufficient evidence to convict Roman Storm, a developer of Tornado Cash, which is a cryptocurrency mixing service. In response to Storm's acquittal motion, the DOJ argued that the trial established his role as a co-founder and

Tornado Cash Case: DOJ Had Enough Evidence to Convict Roman Storm, Prosecutors Say

Prosecutors from the Southern District of New York asserted that they possess sufficient evidence to convict Tornado Cash developer Roman Storm, challenging his recent motion for acquittal following his conviction on a conspiracy charge. The prosecution's filing highlighted that Storm was a co-founder of Tornado Cash and intentionally

Tornado Cash Case: DOJ Had Enough Evidence to Convict Roman Storm, Prosecutors Say

Prosecutors from the Southern District of New York made a filing asserting that they had sufficient evidence to convict Roman Storm, a developer of the crypto mixing service Tornado Cash. This motion counters Storm's request for acquittal following his earlier conviction for conspiracy to operate an unlicensed money

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