Singapore Mandates Crypto Firms to Cease Overseas Activity by 30 June
Singapore’s central bank has set a deadline of 30 June 2025, for local crypto service providers to stop offering digital token (DT) services to overseas markets unless they secure a license. This directive came from the Monetary Authority of Singapore’s (MAS) response to industry feedback on its proposed regulatory framework for Digital Token Service Providers […]
What Does KYT in Crypto Mean?
As the crypto ecosystem matures, regulatory expectations have evolved beyond just knowing who is using your platform. Now, it’s equally critical to understand how funds are moving. This is where KYT in crypto becomes important. Defining KYT KYT is a foundational part of crypto compliance that focuses on the ongoing, often real-time monitoring of blockchain […]
Best Practices for KYT Implementation on Crypto Platform
As regulatory scrutiny increases and institutional adoption of crypto expands, Know Your Transaction (KYT) has become a non-negotiable compliance and security framework for crypto exchanges, financial institutions, and blockchain-based platforms. Unlike Know Your Customer (KYC), which focuses on user identity verification, KYT enables real-time transaction monitoring to prevent illicit activities such as money laundering, terrorist […]
Navigating Essential Compliance Standards in Crypto
As the crypto industry matures, so do the expectations around compliance standards. What once operated in a regulatory grey area is now under increasing scrutiny from governments, financial regulators, and institutional partners worldwide. For crypto exchanges, wallet providers, DeFi protocols, and token issuers, compliance isn’t just about avoiding penalties but also crucially involves building trust, […]
U.S. Regulators Approve Blockchain in Banking —What This Means for You
How U.S. Regulators Are Transforming Blockchain in Banking—Are You Ready? A Defining Moment for Financial Institutions—Who Will Lead? For years, regulatory uncertainty was the single biggest obstacle to blockchain adoption in financial services. Without a clear legal framework, banks, fintechs, and enterprises hesitated to integrate blockchain-based solutions into their operations. That roadblock has now been […]
What Is OFAC And Their Role in Crypto Regulations
As cryptocurrency adoption accelerates across borders, businesses face a growing need to understand global regulatory obligations—especially those enforced by U.S. authorities. Among the most critical, yet often misunderstood, is the Office of Foreign Assets Control (OFAC). Whether you’re a centralized exchange, a DeFi aggregator, or an enterprise issuing tokenized assets, OFAC compliance isn’t optional—it’s foundational. […]
