Headlines

3 Asian Central Banks Unite to Connect Stablecoins Across Borders

Key Takeaways Malaysia and Thailand join Singapore as BLOOM’s three policymaker members. Shared frameworks aim to reduce separate agreements and implementation costs. Participants will address acceptance, network connections, and transaction safeguards. Central Banks Seek Common Ground for Digital Money Cross-border digital money settlement is the focus of expanded cooperation among the central banks of Singapore,…

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UAE-Led Global Operation Traces More Than $39 Billion in Scam-Linked Funds and Crypto, Leading to 960+ Arrests

A three-month international crackdown led by the United Arab Emirates has traced more than $39 billion in funds and cryptocurrencies tied to scam activity and led to more than 960 arrests, the UAE Ministry of Interior announced on October 22. The initiative, called Operation Confrontation Ghost, brought together law enforcement agencies from 30 countries, along…

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