Singapore Introduces Stricter Rules for Crypto Firms Under New DTSP Framework
Singapore, June 2025 — Singapore’s cryptocurrency sector is facing a major regulatory shift with the rollout of the new Digital Token Service Providers (DTSP) framework, introduced by the Monetary Authority of Singapore (MAS). The framework, which came into effect this month, sets out more rigorous compliance, licensing, and risk management obligations for businesses offering digital […]
Vietnam Legalizes Digital Assets with New National Law
On June 14, 2025, Vietnam’s National Assembly passed the Law on Digital Technology Industry, a landmark piece of legislation that includes the country’s first comprehensive legal framework for digital assets. The new law, particularly Chapter V, introduces legal recognition and classification of digital assets, including cryptocurrencies and tokens, under Vietnam’s civil law. The law will […]
U.S. Senate Passes GENIUS Act: A Milestone for Stablecoin Regulation
On June 17, 2025, the United States Senate passed the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) with a 68–30 bipartisan vote. The bill represents a significant regulatory milestone for the crypto industry, particularly for stablecoins—digital assets designed to maintain a fixed value, typically pegged to the U.S. dollar. Key Provisions of […]
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