Gemini has secured a Major Payment Institution licence from Singapore’s MAS, allowing it to provide regulated digital payment token and cross-border money transfer services. The approval completes a licensing process that began in October 2024 and gives Gemini full regulatory status for its Singapore operations.
AnaisCircle has agreed to acquire Singapore-based cross-border payments firm Tazapay to expand its global USDC payment network.
WeatherlyKakao Pay has completed a digital asset wallet test that allows stablecoins to be stored, transferred, used for payments and settled alongside Kakao Pay Money. KakaoBank is also testing the technology under banking security and regulatory rules, while Kakao Group plans to offer wallet solutions and consulting to companies and financial institutions.
WeatherlyThai police arrested 12 South Koreans and one Chinese national after raiding an alleged scam call centre operating from a luxury house in Samut Prakan. The suspects allegedly posed as South Korean prosecutors or officials to threaten victims into transferring money, with police seizing 13 workstations, phones, computers, scam scripts and forged documents.
AnaisTTP found more than 300 ads containing suspected child sexual abuse material on Meta’s Facebook and Instagram in 2026, with some using real children’s photos and AI-generated sexual content.
WeatherlySGX has received CFTC approval to let eligible US institutions trade its Bitcoin and Ether perpetual futures through its Singapore market. The contracts have recorded $5.8 billion in trading volume since launching in November 2025, while SGX prepares to add dated Bitcoin and Ether futures and options.
AnaisTether and Fasanara Capital have launched StableFund with $400 million to provide short-term, asset-backed lending to businesses and consumers through fintech platforms in more than 60 countries.
WeatherlyLiquid Network has restarted block production after a $320 million exploit drained about 4,000 BTC from its federation wallet, with 3,400 BTC later returned by the attackers. Transactions and peg operations remain suspended while Liquid fixes the Elements software flaw and works to restore the Bitcoin reserves, with about 598.5 BTC still outstanding.
WeatherlyBitwise is liquidating its Dogecoin ETF, BWOW, with trading set to end on 14 October and remaining investors to be paid in cash on 22 October. The fund struggled to attract investors, holding about $721,820 last week, as demand for Dogecoin ETFs remained weak.
AnaisNasdaq is investing $100 million in Payward, the parent company of Kraken, at a reported $21 billion valuation as the firms prepare to launch tokenised equities in 2027.
Weatherly