Singapore’s MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End

Crypto service providers in Singapore are now required to safekeep customer assets under a statutory trust before the end of the year.Source

AzukiDAO Votes on ‘Reclaim’ of 20K Ether After Botched Elementals NFT Mint

“We have only been given a similar profile picture to that of the original Azuki holders,” the DAO proposal reads.Source

Bitcoin Cash Futures Traders Lose Most in 2 Years as Prices Spike to $320

South Korean trading volumes for the bitcoin offshoot token boomed last week, spurring a price spike last week.Source

South Korea Passes Crypto Bill for User Protection

The bill marks the country’s first step towards a digital asset legal framework.Source

First Mover Asia: Bitcoin Maintains $30K as Prospective Issuers Refile ETF Applications

PLUS: Japan is a regulatory success story when it comes to digital assets and Web3. But walking around the recent IVS Crypto Conference in Kyoto, one can’t help but feel that something is amiss.Source

Poly Network Attacker Issues ‘Worthless’ Billions in SHIB, BNB, BUSD in Latest Crypto Hack

An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security precautions.Source