THE battle for deposits has gone up another notch with UOB raising the interest rates on its flagship savings account following similar moves by rivals DBS and OCBC Bank.
DIGITAL asset exchange Binance Holdings has appointed accounting giant Mazars to verify its token reserves, as the meltdown of its former rival FTX triggered increased demand for more transparency from cryptocurrency exchanges.
SAM Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestion of fraud in his first public appearance since his company’s collapse stunned investors and left creditors facing losses totaling billions of dollars.
ITALY is set to toughen regulation of digital assets and expand taxation on crypto trading from 2023, following similar moves by countries such as Portugal.
















