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Latest from Sebastian Sinclair
KuCoin Tells Users in China to Move Funds to ‘Other Platforms’ by Dec. 31
The crypto exchange said it wants to ensure the safety of their assets.

DBS Bank’s Brokerage Arm Receives License From Singapore Regulator Under Payment Services Act
The broker says the move enables it to provide its services in the island state through its DBS Digital Exchange.

Independent Reserve Becomes First Australian Crypto Exchange Licensed in Singapore
The exchange says it has become one of the first VASPs to obtain full licensure approval under Singapore’s Payment Services Act.

New Zealand’s Reserve Bank Seeks Public Input on Digital Dollar Before December Deadline
The bank said in its papers that it sees trends in the use of cash which “present an opportunity” to consider broadening central bank money.

SBI, Sygnum, Azimut Establish $75M VC Fund for Crypto Startup Investments
The fund will invest in companies focused on building DLT, DeFi, and RegTech tools.

Thailand’s Tourism Authority Floats Idea of Utility Token to Attract Crypto Holders: Report
If developed, the token’s utility could facilitate the transfer of vouchers into TAT Coin, boosting liquidity among tourism operators.

Crypto Exchange CoinJar Secures UK FCA Registration, Advocates For License in Australia
CoinJar UK joins a growing list of 10 other registered “cryptoasset firms,” including Gemini Europe Ltd.

Nigeria’s eNaira Website Goes Live Ahead of Scheduled October Rollout
The central bank digital currency will be accompanied by a CBN-sanctioned wallet that a user can link to a bank account.

Clearpool Raises $3M to Build Decentralized Capital Markets on Ethereum
The project will use the capital to further its protocol and launch additional features.

Cardano’s Commercial Arm to Invest $100M in DeFi, NFTs and Blockchain Education
A “dedicated” operation will commence next year to further DeFi, NFT solutions and blockchain education efforts.
