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US ‘far behind’ on crypto, election no quick fix: Ripple APAC boss
20.9.2024
The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray
DBS to launch crypto options and structured notes for institutions
17.9.2024
While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024.
Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers
2.9.2024
It is extremely unlikely that WazirX customers will be made whole in crypto terms through the restructuring, legal advisers of the Indian cryptocurrency exchange said
OKX bags Singapore crypto license
2.9.2024
OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO.
Singapore, Hong Kong and UAE lead in crypto adoption: Report
30.8.2024
Singapore scored high in the adoption index because of several criteria, including regulations, innovation and technology
Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore
26.7.2024
Singapore's government noted an increasing use of cryptocurrencies in terror financing, even though it acknowledges that cash and other informal value transfer systems remain the predominant means for financial transactions
Singapore ups crypto exchanges risk factor under new law update
2.7.2024
The update aims to prevent Terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial, business, and transport hub
Crypto Market Maker GSR Recieves Singapore Crypto License
4.4.2024
The license is the first awarded by Singapore to a crypto market maker
Singapore Imposes New Rules for Digital Payment Token Services
3.4.2024
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do...
Singapore Enacts Licencing Requirements for Crypto Custody Services and Others
2.4.2024
Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services, the Monetary Authority of Singapore (MAS) announced on Tuesday
Grab’s Singapore Users Can Now Use Crypto to Make Payments
19.3.2024
The Grab super app is now making available the option of paying in cryptocurrencies, The Straits Times reported Tuesday citing alerts from Grab users
Singapore Police Warn About ‘Crypto Drainers’ Stealing Cryptocurrencies From Wallets
3.2.2024
Singapore’s Police Force and Cyber Security Agency (CSA) have issued a joint warning about “crypto drainer” malware, which steals cryptocurrencies from wallets. As digital assets become more popular, “Cybercriminals are increasingly leveraging crypto drainers to target...
China and Singapore Team Up to Allow Tourists to Spend Digital Yuan
10.12.2023
Singapore and China have teamed up on a pilot to allow tourists in both countries to spend China’s central bank digital currency, the digital yuan. “This will enhance convenience for travelers when making purchases during their overseas travel,” Singapore’s central bank...
Ravi Menon: Singapore's Middle Way Regulator
4.12.2023
Singapore's central bank head has steered a path between Hong Kong's embrace of crypto and India's stifling of it
Crypto Regulation News Weekly Digest: CZ’s Guilty Plea and Grayscale’s Bitcoin ETF Prospectus
29.11.2023
Crypto regulation evolves through CZ plea deal, Grayscale Bitcoin ETF application, Singapore bans, and Lagarde’s personal experience. Image by Titiwoot Weerawong, Vecteezy Last week brought several major developments on the crypto regulation front. Binance founder Changpeng Zhao pleaded...
Singapore Unveils Plan to Ensure Seamless Financial Transactions Across Digital Asset Networks
21.11.2023
The Monetary Authority of Singapore’s managing director has outlined the central bank’s plan to ensure seamless financial transactions across digital asset networks. “Currently, there is a proliferation of digital asset networks,” the head of Singapore’s central bank said....
Singapore Establishes Task Forces to Assist Police in Crypto-Related Crimes
18.10.2023
Singapore's Attorney-General's Office has officially established two specialized task forces, comprising approximately 20 prosecutors, tasked with addressing the crypto related crimes.
Deputy Chief Prosecutor of the Attorney-General's Chambers, Ong Shouren, told a local news outlet that...
Singapore regulatory sandbox lacks qualified crypto payment providers
8.9.2023
The MAS has said that rising malware scam cases in Singapore have nothing to do with cryptocurrencies. On the contrary, it claimed, such scams are more prevalent in the fiat economy
Singapore Tops List of Crypto-Friendly Investment Migration Destinations
6.9.2023
Singapore has emerged as the most preferred destination for crypto millionaires seeking secure and tax-friendly havens to protect their digital assets, according to the recently released Crypto Adoption Index by Henley & Partners.
With a perfect score of 10 out of 10 in the tax-friendliness...
Singapore's New President Has a History of Disapproving Crypto
5.9.2023
Singapore's newly elected president, Tharman Shanmugaratnam, had once called crypto “inherently purely speculative and slightly crazy”.
With 70.4% of the vote, Shanmugaratnam has become Singapore's 9th president, succeeding Halimah Yacob, the country's first female head of state.
However, to...