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4 briefings published · jurisdiction: Singapore
- Jun 12, 2026DailyJPUSGLOBALSG
Daily Crypto Regulatory Brief — Jun 12, 2026
Japan's Lower House passed a sweeping bill reclassifying crypto as financial instruments under the securities framework, opening a path to ETFs and lower tax treatment with effect expected in 2027 pending upper-house approval. The permissive tilt extends to the EU, where Hungary will unwind criminal-liability rules on crypto trading after EU scrutiny, and to the US, where the SEC's proposal to scrap key NMS rules including Rule 611 is being read as a major unlock for tokenized US equities on decentralized venues. Enforcement counterweight came from the DOJ, which charged two individuals in the $389 million AudiA6 crypto laundering case, and from South Korea, where Bithumb's CEO was booked as a bribery suspect. Net read: structural liberalization on market access, with no letup on AML and conduct enforcement.
- Jun 11, 2026DailySGUSUK
Daily Crypto Regulatory Brief — Jun 11, 2026
APAC enforcement risk jumped today: the Philippine central bank publicly declared Binance and its local partner unlicensed, a move that historically precedes operational restrictions, while South Korean police booked Bithumb's CEO as a bribery suspect. In the US, the CFTC opened its first formal rulemaking for prediction-market contracts, drawing a regulatory line between permissible event contracts and gambling. Meanwhile, the comment battle over Treasury's GENIUS Act AML rules intensified, with Anchorage backing the framework but seeking secondary-market sanctions clarity, and Paradigm and Hyperliquid Policy Center pushing back on liability scope for DeFi apps and validators. UK de-banking friction continues, with industry groups claiming roughly 40% of crypto transactions are blocked by banks.
- Jun 7, 2026AnalysisGLOBALEUUKSG
FATF Travel Rule for VASPs: where global implementation actually stands
The FATF Travel Rule extends bank-style originator/beneficiary information sharing to virtual asset transfers above USD/EUR 1,000. Implementation is patchy — here is the current map of which jurisdictions enforce, which require but tolerate gaps, and which are still drafting.
- Jun 4, 2026AnalysisSG
Singapore's single-currency stablecoin framework: what MAS-regulated SCS issuance requires
MAS finalised its single-currency stablecoin (SCS) framework in 2023, creating a labelled regime for fully-reserved stablecoins issued in Singapore. Here is how it differs from a generic DPT licence — and why the "MAS-regulated stablecoin" label matters for market access.