Singapore is ramping up its defenses against tech-enabled crimes, particularly those involving cryptocurrencies, reinforcing its position as a crypto-friendly nation. Meanwhile, Coinbase is broadening its offerings for non-US clients, introducing perpetual trading options. In Europe, the EU Council is streamlining crypto tax reporting procedures with the adoption of DAC8, while in the NFT world, Yuga Labs is undergoing restructuring to focus on its ambitious metaverse project, Otherside.