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Terraform Officials Banned from Leaving South Korea as Do Kwon ‘May Apply for Singaporean Citizenship’
20.6.2022
South Korean prosecutors have banned an unspecified number of current and/or former Terraform Labs officials, including developers, from leaving the country.
KBS, the South Korean state broadcaster, reported that the identity of two of the number had been confirmed – and that both were former...
Singapore’s Central Bank: We Want to Be a Responsible Global Crypto Hub
29.4.2022
The Monetary Authority of Singapore (MAS), the country’s central bank and the regulator of the crypto sector, says that its licensing process for digital asset service providers needs to be stringent. “It needs to be because we want to be a responsible global crypto hub with...
Singaporean investors’ appetite for crypto is key to mainstream adoption — Survey
29.4.2022
Independent Reserve’s survey revealed a strong affinity for various financial opportunities brought forward by decentralized finance and other investment opportunities
Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership
7.4.2022
Crypto Accept allows online sellers to accept BTC and ETH before expanding to other digital assets next year
Singaporean Court Recognizes Crypto as Property in Theft Case
24.3.2022
The High Court of Singapore, the lower division of the country’s Supreme Court, has issued a ruling in which, for the first time, it recognizes crypto as property and grants proprietary injunctions against persons suspected of its theft....
Read More: Singaporean Court Recognizes Crypto...
Crypto trading firm Amber valued at $3B after big Singaporean investment
22.2.2022
Amber Group secured a $200 million investment which has resulted in a 3x increase in its valuation since last summer
Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors
16.2.2022
DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus on making “access to digital assets a lot more convenient.” DBS Bank to Offer...
Singaporean megabank DBS works on expanding Bitcoin trading to retail
14.2.2022
DBS Bank’s crypto exchange launched in late 2020, allowing to trade cryptocurrencies only to professional investors
Crypto.com Reveals 483 Accounts Compromised in Recent Hack — $34 Million in Bitcoin, Ether Stolen
20.1.2022
Crypto.com has revealed that 483 user accounts were compromised in the recent hack that resulted in unauthorized withdrawals of about $34 million in cryptocurrencies, including bitcoin and ether. Nonetheless, the company stressed that customer funds were never at risk. Crypto.com’s Hack...
100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation
22.12.2021
More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and cross-border...
Singaporean crypto exchange enters India amid regulatory uncertainty
29.11.2021
Singapore's Coinstore crypto exchange has allotted $20 million for opening up three new offices in the Indian market
Retail-focused Singaporean CBDC to hedge against privately issued stablecoins
9.11.2021
The retail CBDC will be developed in partnership with private entities, which "would be the digital equivalent of today's notes and coins."
Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia
30.10.2020
Fidelity Digital Asset Services has revealed the company is expanding into Asia and plans to help high-net-worth investors and family offices in the region with custodial crypto products. Fidelity is working with the Singaporean startup Stack Funds, a fully-insured custody operation servicing...
Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange
27.10.2020
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company but crypto proponents have learned about the upcoming support for assets like bitcoin...
Alleged Unlicensed Bitcoin Dealer Becomes First Singaporean Charged Under New Law
23.6.2020
A 23-year old Singaporean accused of unlicensed Bitcoin dealing is set to become the first person to be charged under the city-state’s Payment Services Act
It’s been a boring week so far
3.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 3 December, 2019 “It is nice to have valid competition; it pushes you to do better.” - Gianni Versace In today's newsletter, we will be covering: Singaporean government blockchain platform facilitating $15.7 million in […]
The post...
It’s been a boring week so far
3.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 3 December, 2019 “It is nice to have valid competition; it pushes you to do better.” - Gianni Versace In today's newsletter, we will be covering: Singaporean government blockchain platform facilitating $15.7 million in […]
The post...
Singaporean Gov’t Blockchain Platform Facilitates $15.7 Million in Fundraising
3.12.2019
Tribe facilitated another $15.7 million in fundraising to support blockchain startups
Omise Collaborates With PayNow to Offer New Payment Options to the Singaporean Clients
11.11.2019
Omise, the blockchain-based payments firm, made an important announcement on Monday regarding its strategic collaboration with PayNow. PayNow was launched in 2018 and it primarily focusses on seamless and secure e-payment services in the city. This collaboration will open the door for a new payment...
TOKO Token to Be listed in Leading Singaporean Cryptocurrency Exchange
4.11.2019
Tokoin can be described as a platform that sets up digital business reputation and identity of MSME (Micro, Small, and Medium Enterprises) as adequate credibility, which will benefit financial institutions and suppliers. Moreover, the platform utilizes blockchain technology to build an authentic...