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China and Singapore team up to scale green and transition financing
23.4.2023
China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and the region.”
SAI․TECH’s SAITIME 2023 Will Unveil Revolutionary Products for Mining and Computing Industry
20.4.2023
PRESS RELEASE. SINGAPORE – SAI.TECH Global Corporation, a clean-tech company specializing in Bitcoin mining, heating, and power industry, hosted its virtual corporate annual conference, SAITIME 2023 on April 20th at 08:30 EST. The virtual conference was hosted by founder & CEO Arthur...
Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager
19.4.2023
The funds will go toward reducing Mawson's debts and fueling growth
UK may have crypto regulation within a year, says senior minister
19.4.2023
The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized
Zipmex requests 2-month extension from Singapore court for restructuring plan
18.4.2023
A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief amid reported liquidity issues
Today in Crypto: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection for Babel Finance
18.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection...
Crypto Exchange Luno to Withdraw From Singapore
18.4.2023
Luno has informed the Monetary Authority of Singapore (MAS) that it is withdrawing its license application
Crypto Lender Amber Group May Sell Japan Unit to Focus on Institutional Clients
18.4.2023
Crypto lender Amber Group is considering options for its Japan unit, including a potential sale, as part of its plan to focus more on institutional clients, managing partner Annabelle Huang told Bloomberg.
Japan is a "very high-quality market, but regulations are strict," Huang said, noting that...
Crypto lender Babel gets extended creditor protection in Singapore
18.4.2023
Hong Kong-based Babel Finance will have more than a year to repay debts to its creditors after suspending withdrawals in June 2022
$SAI’s Skyrocket on Friday Shows Enormous Potential in Bitcoin Heating
17.4.2023
PRESS RELEASE. SAITECH Limited (SAI for short), a clean energy and computing operator based in Singapore, saw a surge in its stock price last Friday. The highest increase in SAI’s stock price on that day was $7.4, a 387% rise from the previous day’s price. The closing price of...
Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils
16.4.2023
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent...
Crypto Exchange Bitrue Suffers $23 Million Hack
14.4.2023
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses...
Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
14.4.2023
The Singapore firm is one of the largest bitcoin miners in the world with 16.2 EH/s of hashrate
BingX Introduces a New Trading Category Within the Market Segment in Preparation for Shanghai Ethereum Upgrade 2023
11.4.2023
PRESS RELEASE. BingX, the Singapore-based crypto exchange, is pleased to announce the launch of a new category to optimise its trading system for the Shanghai Ethereum upgrade. This move is aimed at helping traders looking to make a profit during the Ethereum upgrade that is expected to arrive...
Today in Crypto: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds, Australian Regulator Cancels Binance's Derivatives License
6.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds...
Singapore Authorities to Set Best Practices for Crypto Client Vetting in Banks
6.4.2023
Singapore officials are collaborating with local banks to develop uniform standards for evaluating customers in the digital asset sector in the aftermath of significant global disruptions in the industry.
The Monetary Authority of Singapore and the police have been working with lenders in...
Singapore to introduce uniform screening standards for crypto bank accounts
6.4.2023
Potential guidelines reportedly won’t have a binding force over banks, who could rely on their own risk assessment
Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg
6.4.2023
Singapore's central bank and police authorities have been helping banks to set uniform standards for fine-tuning their vetting approach when opening crypto accounts
18th Edition of BFSI IT Summit: Singapore
4.4.2023
  Physical Conference on 12th May 2023 The Singaporean banking sector has long been a powerhouse in Southeast Asia, playing a pivotal role in the region’s financial landscape. Trends in this dynamic industry have evolved considerably in recent years, driven by factors such...
India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
3.4.2023
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries...