Robinhood recently finalized a $200 million acquisition of Bitstamp, expanding its crypto business with over 50 licenses and an institutional client base. The US SEC faced backlash for its new guidance on crypto staking, diverging from past court rulings. Singapore's central bank set a deadline for local crypto firms targeting overseas markets to cease operations by June 30. The SEC's stance on staking services was criticized by former officials, with concerns raised about investor protection. Additionally, MAS in Singapore announced strict regulations for Digital Token Service Providers, requiring local firms offering DT services abroad to obtain a license or cease operations by the end of June. Violators face hefty fines and imprisonment. These developments highlight the evolving landscape of crypto regulations and acquisitions in the global market. Read more AI-generated news on: https://app.chaingpt.org/news

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