Already, the drama has sparked debate in Washington about the regulatory reform known as Dodd-Frank that was adopted in the wake of the 2008 crisis and the decision by former President Donald Trump to partially roll it back.
There have been 565 bank failures in the United States since the start of the millennium, which is surprisingly common.
Whilst many bank failures followed the 2008 financial crisis, they have also happened during times of relative calm. Almost two banks failed per month between 2011 and 2020.
Now the blame game has begun.
The new framework aims to strengthen Singapore's existing crypto regulatory landscape and ensure the safety and security of digital token activities within the country.
The regulations require VASPs to register with the FSC by the end of September 2025, meet capital requirements, and implement customer protection measures. Additionally, the FSC plans to introduce a special law governing cryptocurrencies.
This phase will involve 11 firms testing applications related to the settlement of tokenized assets, programmability, and offline payments.
The inspections aim to detect illegal activities and protect investors. Several exchanges are under scrutiny, and the FSS has warned that more may face investigation.
Gary Gensler resigns to the delight of the crypto world, which also eagerly anticipates Solana ETFs
Bitwise joins the Solana ETF race as Cboe BZX files 19b-4 filings
With the banana now under his ownership, Sun has added another layer to Comedian’s narrative—a piece that began as a satirical commentary on art market excess has itself become a testament to that very phenomenon.
SecondSwap has raised $1.2M in seed funding from the likes of GSR and Animoca Ventures and others to enhance its marketplace, offering secure token trading and liquidity solutions ahead of its January 2025 launch
