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Singapore-Based Crypto Investment Firm Cake Group Files for Liquidation

Singapore-based Cake Group, the parent company of crypto platform Bake, is winding up its company and has filed for liquidation. According to a Tech in

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Tether reportedly shuts USDT redemption for some Singapore customer groups

X users highlighted Tether’s recent change in terms of service comes amid a major crypto money laundering scandal in Singapore.

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RANKINGS: ALB Asia Top 15 In-House Teams 2023 | Asian Legal Business

With the growing complexity of regulations and legal frameworks across different countries in the region, companies have increasingly turned to their in-house legal teams for guidance and support. In-house lawyers have become more involved in strategic decision-making processes and have adopted a proactive approach to risk management. The annual Asia’s Top 15 In-House Teams list recognises and honours the achievements of legal departments across Asia that truly exemplify the future of legal departments. These teams demonstrate a willingness to embrace change through technology, behaviour, business models, or service innovation to meet the organisation’s needs.

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