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Direct Fiat On-Ramps Come to Algorand (ALGO) via Alchemy Pay (ACH)
10.1.2022
PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay, is a payment solutions provider that connects...
Singapore’s Q4 and 2021 GDP Deal Positive Surprise to Markets
3.1.2022
The Singapore economy for the fourth quarter added around 3% to the GDP of the country. This is widely considered a positive growth as the world is currently preparing for another potential pandemic. Singapore records such a growth just as the new variants of the virus are spreading at a faster...
Crypto makes history in 2021: Five instances of governments embracing digital assets
29.12.2021
While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation
'Uniquely DOGE Proposal', Binance 'Funds SAFU', Monero-Mining Spider-Pirates, Late Thai CBDC + More News
24.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: 'Uniquely DOGE Proposal', Binance 'Funds SAFU', Monero-Mining Spider-Pirates, Late Thai CBDC + More News
SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News
23.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News
2 Cryptocurrency Companies Purchased Ad Slots for 2022’s Super Bowl
23.12.2021
On Wednesday, the Singapore-based digital currency exchange Crypto.com told the press that the firm purchased a 2022 Super Bowl advertisement slot. The firm follows the exchange FTX after the trading platform purchased a Super Bowl advertisement slot in October. Crypto.com Tells the Press...
100 digital payment token firms in Singapore fail to win licenses: Report
22.12.2021
The Monetary Authority of Singapore wants to support crypto and blockchain adoption in the country but it’s also willing to recognize the risks
Beyondlife․club and Orange Comet to Launch Stan Lee’s Chakra The Invincible: A Superhero NFT Collection
22.12.2021
Press Release: Beyondlife․club and Orange Comet have joined forces to launch a special NFT collection dedicated to the legendary Marvel comics founder Stan Lee. 22nd December 2021, Singapore — Chakra The Invincible is a unique NFT collection and tribute to legend Stan Lee, that will launch on...
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...
Singapore Startup Affyn Raised More Than US$7 Million, Presale to Start in December 2021
21.12.2021
PRESS RELEASE. Affyn’s private round was oversubscribed within a week of its website unveiling, resulting in the opening of a new strategic round that once again became oversubscribed, ahead of its presale in December 2021. Backed by more than 50 venture capitalists, institutional investors...
SBI Holdings invests in Singapore crypto exchange Coinhako
15.12.2021
Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding
Binance Shutting Down Crypto Exchange Services in Singapore
14.12.2021
Crypto exchange Binance is winding down its exchange operation in Singapore after the company decided to withdraw its application with the Monetary Authority of Singapore (MAS) to operate a digital asset exchange in the country. “Buying and selling of crypto from existing assets of users...
The First of Its Kind Metachain Project, ShuttleOne Joins Tezos Protocol
13.12.2021
PRESS RELEASE. ShuttleOne, the latest project to embrace Tezos, to soon drive adoption and liquidity while resolving blockchain fragmentation. Singapore: Tezos, the highly scalable, self-amending proof of stake blockchain protocol is opening its arms to ShuttleOne – a one of its kind...
Binance Singapore Drops Crypto License Plans in City-State
13.12.2021
According to the official announcement by the exchange, Binance’s Singapore unit has planned to retract its crypto license application in the city-state and is most likely to expel its Singaporean clients by Feb 13th, 2022. Binance, like other trading platforms, operates as a cryptocurrency...
Binance Singapore withdraws crypto license application
13.12.2021
Binance plans to “wind down” all services in Singapore by Feb. 13, 2022. Users are no longer allowed to deposit cryptocurrencies or fiat on the Binance.sg platform
Binance Repositions In Singapore, Pivots Toward Investment & Blockchain
13.12.2021
The crypto exchange giant Binance says that it will shut its Singapore exchange and “refocus” its Singapore-based Binance Asia Services operations into what it calls a “blockchain innovation hub.” The move comes just days after the Singaporean subsidiary announced an investment in...
USD 3B Crypto Trading Floor, Bitmart Resumes Ethereum Withdrawals + More News
8.12.2021
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: USD 3B Crypto Trading Floor, Bitmart Resumes Ethereum Withdrawals + More News
Binance Singapore arm acquires 18% stake in private stock exchange
8.12.2021
Binance's most recent acquisition is still subject to some regulatory requirements
Phemex Is Bringing Its Community’s Dreams to Life Celebrating Its Second Anniversary
6.12.2021
Singapore-based cryptocurrency exchange Phemex is celebrating its 2nd anniversary this November. It’s been an eventful couple of years for the derivatives platform, and with its Choose Your Reality event, this anniversary is going to be a memorable one. Phemex’s dedication to...
Singapore suspends Bitget exchange license over K-Pop coin promotion
6.12.2021
The Singapore-based Bitget exchange has reportedly lost its license after a legal tussle with the agency for K-Pop boy band BTS