Day: 15 August 2023

Despite the liquidator's objections, a Singaporean court has ruled that the legal proceedings concerning the $140 million dispute between Teneo Capital, Three Arrows Capital (3AC)'s liquidators, and DeFiance Capital must take place within the country. These contested funds are currently managed by DeFiance Capital, an independently managed investment fund that ...

Binance has taken another legal action in its ongoing battle with the  United States Securities Exchange Commission (SEC). On August 14, 2023, the exchange submitted a motion requesting a protective order against the regulator. The motion, filed by BAM Trading, Binance's U.S. operational entity, seeks to address what Binance perceives ...

The Monetary Authority of Singapore has released the final draft of its regulatory framework for stablecoins. The updated framework, published on August 15, 2023, targets stablecoins pegged to the Singapore dollar or any major G10 currencies such as the Euro, British Pound, and United States Dollar. Central to the framework ...