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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...
Binance blocks fiat deposits and spot crypto trading for Singapore users
27.9.2021
The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny
Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service
23.9.2021
Despite a blanket ban in China and regulatory crackdowns on exchanges in Korea, Asia remains a hotbed for crypto investments
Alchemy Pay Using Chainlink to Enable Trading on Decentralized Exchanges and Borrowing in DeFi Using ACH
22.9.2021
PRESS RELEASE. Singapore, September 22, 2021 – Alchemy Pay is now using Chainlink Price Feeds to enable users to buy crypto on decentralized exchanges (DEXs) and obtain loans in leading DeFi lending platforms directly from wallets using Alchemy Pay’s ERC-20 utility token, ACH....
US and Singapore companies collaborating: Okcoin partners with Hodlnaut
15.9.2021
“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi
Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors
14.9.2021
DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is “growing very rapidly.” The bank’s digital asset trading platform expects to double the number of members by year-end. Singapore’s DBS Expects Substantial Growth in Crypto...
BitYard Has Partnered With Banxa to Expand Fiat Money Deposit Methods Supporting Major Currencies
13.9.2021
PRESS RELEASE. BitYard, a Singapore-based cryptocurrency derivatives exchange, is continuously improving its trading services in response to the changing needs of global investors. Recently, the exchange has partnered with Banxa, the world-leading payment service provider (PSP) for the digital...
Guardian Link Announces Partnership With BeyondLife.Club, Launching Amitabh Bachchan’s NFT Collection
7.9.2021
PRESS RELEASE. No-code NFT platform Guradianlink.io announces its strategic partnership with Beyondlife.Club, an exclusive platform for artists, brands, and celebrities from different fields of entertainment. 7th September 2021, Singapore — Influential Indian actor, producer, and TV host...
Financial Authority in Singapore Includes Binance on Investor Alert List
6.9.2021
Operating as a top-tier cryptocurrency exchange cluster supporting a pool of tokens, Binance has decided to restrain some of its products in Singapore in response to the investor alert issued by the Monetary Authority of Singapore. The financial watchdog of Singapore signaled in its recent...
Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations
6.9.2021
Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance...
Binance limits SGD product offerings in Singapore amid regulatory warnings
5.9.2021
The Monetary Authority of Singapore placed Binance on its investor alert list on Sept.1 amid signs that the crypto exchange may have violated local payments laws
Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance
4.9.2021
The list of regulators warning that Binance is illegally operating in their jurisdictions continues to grow. The authorities in Singapore and South Africa have become the latest to warn that the global cryptocurrency exchange may be in breach of their local laws. South Africa’s Financial...
Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments
3.9.2021
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make...
Singapore vs. Binance, Investment Giant Looks for Crypto Traders + More News
2.9.2021
Singapore. 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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Exchanges news
Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), said that Binance may be in breach...
Binance CEO says US crypto exchange will go public in three years
2.9.2021
Binance US plans to close a major private funding round in the next two months to become more independent from Binance
Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
2.9.2021
The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies
MUFG boosts its crypto exposure following $41M Zipmex funding round
31.8.2021
Thailand's Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex
Singapore central bank shortlists 15 companies to develop retail CBDC
30.8.2021
The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.”
Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services
26.8.2021
On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to be delivered to Southeast Asia. The move follows a number of firms pivoting toward digital currency...
Nifty News: Vogue tokenizes magazine covers, autographed Tesla and more…
26.8.2021
Vogue Singapore has tokenized its front covers, Animoca Brands expanded its investment portfolio, and acclaimed producer Rob Weiss has signed up to direct a crypto series