Franklin Templeton gets the regulatory green light to launch its first tokenized fund in Singapore. The fund boasts a $20 investment minimum for retail investors. According to a report from Tech in Asia, the U.S.-based global investment management firm is gearing up to launch the first tokenized fund available to retail investors in Singapore. The … Read more
Circle, the issuer of USDC stablecoins, is making headlines again with its recently announced regulatory approvals and partnership in Japan. In a statement published on 25 March 2025, Circle disclosed that it has officially entered the Japanese market. The company will be leveraging its Japanese entity, Circle Japan KK, alongside its joint venture with Japanese … Read more
The Financial Intelligence Unit (FIU) sanctioned Dunamu, Upbit’s parent company, for conducting transactions with unregistered virtual asset businesses. Upbit also failed to follow proper customer verification procedures and did not report suspicious transactions. Along with the suspension, the exchange faces financial penalties and personnel actions. Upbit has acknowledged the violations and promised to strengthen compliance … Read more