The Qi Zhiming case will be heard at the UK High Court on January 21. The procedural hearing will debate who represents the Chinese victims, with the judge warning of "over-proxying." On January 24, the prosecution ordered co-conspirator Sen Hok Ling to pay $7.6 million within three months or face an additional 8 years of imprisonment. Ling transferred 83.7 BTC and has been sentenced to 4 years. The 61,000 BTC is the largest seizure in UK history, with a continued hearing scheduled for February 16-17.

Written by: Lawyer Yang Qi Stablecoins are being increasingly used by enterprises for settlement, cross-border payments, fund management, and B2B payments. However, in Singapore, "using stablecoins for payments" is often not just a product issue but a typical comprehensive project involving regulatory boundaries + AML/CFT anti-money laundering + technological risk management. This article explains the core approach in a way that "entrepreneurs can execute": first clarify your business model, then establish licensing and compliance systems, which can significantly reduce the risk of regulatory violations and subsequent rectification costs. Note: This article is for general informational purposes and does not constitute legal advice. The final compliance conclusion depends on your transaction processes, customer types, and the flow and control of funds/tokens. 1. The most important first step: "Draw out" your business Before discussing specific implementation steps, please

According to a report by Techinasia on December 1, over 270 former users of Tokenize Xchange have filed a lawsuit against the platform's founder Hong Qi Yu and his wife Erin Koo, seeking $60.5 million in damages for alleged fraudulent misappropriation of customer assets. Tokenize Xchange is a cryptocurrency platform based in Singapore, operated by

An exclusive interview with the CEO of New Fire Technology, Weng Xiaoqi, analyzes his journey in the industry and explains how New Fire serves high-net-worth clients through "private banking level concierge" services and outlines the future blueprint for the U.S. stock market "vault company." (Background: Is Brother Sun being played for a sucker? After Du Jun sold Huobi, he established New Fire Hong Kong and "poached senior executives from Huobi.") (Supplementary Background: Sun Yuchen angrily sued Bloomberg for "breaching public" wealth privacy: TRX, BTC holdings are like being naked, putting life and property in danger.) This interview revolves around the career path of New Fire Technology's new CEO, Qi Ye (Weng Xiaoqi), his judgment on the trend of compliance in the encryption industry, New Fire Technology's new strategic phase (targeting high-net-worth clients with "private banking level digital asset management" and "U.S. stock market vault specialization"), as well as observations on the current market cycle and the migration of capital pricing power. Key points include: the integration of compliance and TradFi is seen as a long-term mainline; New Fire Technology plans to achieve high reach.

The "Coin Think Exchange," which previously operated multiple physical stores across Taiwan, was involved in money laundering exceeding NT$2.3 billion, and the case was concluded today. The core members, including 14 individuals, were indicted. (Background: Coin Think Technology was delisted by the Financial Supervisory Commission! After the financial inspection, its compliance qualification was revoked, and it may not be able to continue operating.) (Supplementary background: 33 stores of Coin Think Technology were searched! The person in charge and 7 others were taken back for violating money laundering regulations.) The money laundering case involving Taiwan's virtual currency exchange has come to light, with Shilin District Prosecutor's Office Chief Prosecutor Luo Wei-yuan directing the investigation. On the 22nd, the case against "Coin Think Technology" was concluded, and the person in charge, Shi Qi-ren, and 14 employees were indicted for colluding with a fraud group to launder money, amounting to as much as NT$2.3 billion. Criminal police began to conduct raids and pursue physical stores in April, seizing over 640,000 USDT, 0.0356 Bitcoins, and 1,520 TRX, equivalent to about NT$20 million.