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Cryptocurrency ATMs Close Down in Singapore Following Central Bank’s Announcement
19.1.2022
Cryptocurrency ATMs have closed down in Singapore following the guidelines issued by the central bank, the Monetary Authority of Singapore (MAS). “To comply with the sudden announcement, we have ceased to offer buy or sell services via our five ATMs while seeking further clarification from...
Singapore crypto ATMs shut down after central bank crackdown
19.1.2022
The move is part of a broader effort by the Singaporean watchdog to regulate advertising cryptocurrency to the public
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than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications.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...
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
Crypto exchange Liquid attains Japanese derivatives licence
28.10.2021
The exchange filed the application to Japan’s financial regulatory body in Q2 of 2020
Singapore Grants Crypto Licenses to DBS and Independent Reserve
1.10.2021
The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk....
Crypto Exchange Binance Ends Some Services in Singapore to Comply With Regulation
27.9.2021
Binance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with the country’s regulations. The exchange has already ceased trading in Singapore dollars. Binance Scaling Down Services in Singapore Cryptocurrency exchange...
Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore: Study
17.8.2021
A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore,...
Singapore Crypto Exchange Bityard to Launch Its First Global Trading Contest
14.4.2021
PRESS RELEASE. Singapore crypto exchange Bityard will launch its first trading contest before May 2021, with up to 60,000 Tether prize pool. The contest registration for each team’s captain is now open. As mainstream cryptocurrencies such as Bitcoin and Ether have been increasing gradually...
SDX Chief Gets Philosophical About Crypto’s Swiss-Singapore Connection
11.12.2020
The crypto corridor connecting Switzerland and Singapore is firming up, involving many of the usual suspects in banking, custody and trading
29 Cryptocurrencies Delisted on Liquid Exchange to Comply With Singapore’s FATF Crypto Regulation
27.7.2020
A major Japanese cryptocurrency exchange, Liquid, has delisted 29 cryptocurrencies to comply with the crypto regulation in Singapore in an effort to become a licensed crypto exchange operator in the country. Singapore has been enhancing its crypto regulation in line with the standards set by...
Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN
30.3.2020
Bitget, a Singaporean crypto exchange that claims to process $1 billion of daily trading volumes, received a license from the Financial Crimes Enforcement Network
Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN
30.3.2020
Singapore-based Bitget has registered with the U.S. Treasury Department as a money services business, the first step to launching operations in the country
Singapore Allows Crypto Companies to Operate Without a License for 6 Months
28.3.2020
The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno...
Japan’s Line Replaces Singapore Crypto Exchange With New US Platform
28.2.2020
As of today, users are automatically redirected from Line’s Singapore exchange BitBox to the new BitFront platform
Singapore Crypto Consultant Kidnapped for $1 Million Ransom
14.1.2020
Singaporean kidnapped in Thailand makes daring escape after being tortured for $1 million ransom
Singapore: Crypto Derivatives Set to Come Under Regulatory Oversight
20.11.2019
Crypto derivatives are poised to come under the regulatory oversight of the Monetary Authority of Singapore
New Singapore Crypto Tax Rules Could Help it Compete with Hong Kong
29.7.2019
Cableway trip in Sentosa Island, Singapore. A PwC analyst says that new tax regulations could provide cryptocurrency exchanges and initial coin offering (ICO) issuers based in Singapore with a boost as the country chases down Hong Kong.
Both Hong Kong and Singapore have been wooing Asian...