Page 13 - Three Arrows News Today

MAS says Three Arrows Capital founders Zhu Su and Kyle Livingston Davies have been issued prohibition orders lasting nine years.

Singapore was pegged by industry experts to become the cryptocurrency capital of the world. In 2021, the crypto market in Singapore grew to $1.48 billion, a ten-fold increase from the previous year, according to KPMG. Singapore lawmakers’ progressive attitude towards digital asset finance invited investors to its shores, setting up a rapidly expanding industry.

Despite a barrage of enforcement actions, the agency is flailing.

Singapore’s central bank has issued prohibition orders against Su Zhu and Kyle Davies, founders of the now-defunct cryptocurrency hedge fund, Three Arrows…

(Bloomberg) -- Singapore’s central bank imposed nine-year prohibition orders on Su Zhu and Kyle Davies for transgressions at their collapsed crypto hedge fund Three Arrows Capital.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticFed on Alert for One More Hike After ‘Disapp...

Southeast Asia’s super app Grab has partnered with the USDC issuer Circle to introduce Web3 services on its platform.

Singapore's central bank bans Three Arrows Capital founders, Kyle Davies and Su Zhu, for 9 years over securities law breaches. Investigations & fines in Dubai.

Zhu Su and Kyle Davies were directors of the firm, which went bankrupt in 2022. Read more at straitstimes.com.

The Monetary Authority of Singapore (MAS) issued a nine-year ban against Su Zhu and Kyle Davies, who founded failed hedge fund Three Arrows Capital.

The insurance provider, under OneDegree, is a pioneer in digital asset insurance offerings. Its co-founder Alvin Kwock spoke with FA about what the network expansion means for Web3 cybersecurity.