ASIC has banned Glenda Rogan for ten years after she allegedly misused $9.6 million in client funds, directing them to "Financial Centre," a UK platform on ASIC’s blacklist. Clients were misled to believe their money was going into safe, fixed-interest accounts, but it was instead funnelled into a risky crypto scheme.
KikyoAnt Group plans to apply for stablecoin licences in Hong Kong, Singapore, and Luxembourg as part of its global expansion. Its Whale platform already powers over $1 trillion in cross-border payments, and the company aims to support faster, regulated crypto transactions for businesses.
AnaisRetailers are increasingly in the crosshairs of cybercriminals—and not just during peak shopping seasons. With outdated access controls and vulnerable networks, many in the sector are finding themselves exposed to a rising wave of sophisticated attacks.
CatherineTwo US senators have questioned Meta over possible stablecoin plans, asking for clear answers on its intentions. They raised concerns about privacy, competition, and Meta’s past failed attempt with Libra.
AnaisBinance has reopened its crypto services to users in Syria after the US lifted sanctions in May 2025. Syrians can now trade, send money, and access crypto tools using their local currency.
WeatherlyBinance now offers full access to Syrian users after the US lifted sanctions, removing Syria from its Prohibited Countries list. Syrians can trade over 300 tokens, joining 270 million users globally—a major shift for a region long cut off from global finance. Could this be a breakthrough for financial inclusion?
CatherineBetween 13 to 30 May, 49 people in Singapore were arrested for allegedly helping launder scam proceeds by sharing personal data and account credentials. Authorities warn such crimes carry heavy fines and jail time.
KikyoShopify has teamed up with Coinbase and Stripe to let merchants in 34 countries accept USDC payments through its platform. The system uses Coinbase’s Base network and allows payouts in either USDC or local currency, with no cross-border fees.
WeatherlyHong Kong Customs and Excise Department has partnered with the University of Hong Kong to develop a crypto tracking tool amidst rising money laundering cases involving digital assets, aiming to strengthen detection and investigation of illicit transactions.
CatherineRipple and the SEC have jointly asked a US court to lift a ban on XRP sales to institutions and cut Ripple’s fine from $125 million to $50 million. They hope this will end the long-running legal case before a key 16 June deadline.
Anais