Singapore expands crypto rules, now covers custody and payments

Singapore's financial regulator has released an expansion to its crypto framework.

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Another crypto exchange receives regulatory node in Singapore

Singapore has granted MPI licenses to 14 virtual asset firms so far. The Southeast nation recently emerged as a leading crypto hub as per a report. Singapore recently granted an in-principalThe post Another crypto exchange receives regulatory node in Singapore appeared first on AMBCrypto.

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Singapore pushes into crypto regulation with new stablecoin framework

The central bank would label these crypto tokens as MAS-regulated stablecoins. This way users would be able to distinguish these coins from non-regulated stablecoins. Singapore’s central bThe post Singapore pushes into crypto regulation with new stablecoin framework appeared first on AMBCrypto.

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Singapore Gives Green Light to Crypto.com

Crypto.com is all set to offer the Digital Payment Token (DPT) services with a MPI license in Singapore.

The post Singapore Gives Green Light to Crypto.com appeared first on BeInCrypto.

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Singapore Crypto Group Speaks Out Against MAS Token Lending Ban

The principal cryptocurrency lobbying association in Singapore has been critical of the central bank’s crypto proposals, calling them “overly restrictive.” The post Singapore Crypto Group Speaks Out Against MAS Token Lending Ban appeared first on BeInCrypto.

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Finance minister says Singapore will tighten crypto regulation

The deputy Prime Minister of Singapore, Lawrence Wong, announced that Singapore plans to tighten crypto regulations in the country following the increased financial risks involved in the sector. Singapore matches towards sanctioning crypto The deputy Prime Minister of Singapore, Lawrence…

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Singapore Central Bank Proposes Stablecoin Rules to Rein In Crypto Sector

In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets.

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Crypto Lender Hodlnaut Applies for Creditor Protection in Singapore

Crypto lending platform Hodlnaut has filed an application to be put under creditor protection in Singapore.

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Singapore's financial watchdog considers further restrictions on crypto

The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions.

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Singapore’s changed stance on crypto

As recently as last year, Singapore was positioning itself to become a global crypto hub.

The post Singapore’s changed stance on crypto appeared first on CryptoSlate.

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Singapore Will Crack Down on Bad Crypto Behavior: Report

Singapore will be “brutal and unrelentingly hard” on bad behavior in the crypto industry Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore, said.

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Singapore ready to 'lead,' when a crypto economy 'takes off'

Ravi Menon, Managing Director of Monetary Authority of Singapore, revealed in an interview with Bloomberg that the nation-state wants to lead the crypto race. As reported earlier, Singapore had turThe post Singapore ready to 'lead,' when a crypto economy 'takes off' appeared first on AMBCrypto.

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Binance blocks fiat deposits and spot crypto trading for Singapore users

The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny.

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This is what an average Bitcoin and crypto investor in Singapore looks like

Singapore is the forerunner in the race to become the blockchain centre of the world’s largest continent. As crypto adoption gains traction worldwide, Singapore is leading the way with 67% of the poThe post This is what an average Bitcoin and crypto investor in Singapore looks like appeared first on AMBCrypto.

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Singapore’s Regulatory Watchdog Warns Against Crypto Investment

The Monetary Authority of Singapore (MAS) is the latest regulatory body to issue a warning to the public against the risks involved in cryptocurrency investment, as the crypto market is witnessing increased interest from retail and institutional investors amid the current bull cycle.

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Singapore warns citizens against the use of unregulated crypto platforms

The cryptocurrency space has been gaining momentum over the past couple of years. While many countries have acted as a guardian of the space, some have absolutely shunned the technology. Singapore hasThe post Singapore warns citizens against the use of unregulated crypto platforms appeared first on AMBCrypto.

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Singapore: Code of Practice Offers Practical Guidance for Crypto License Applications

Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements.

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Crypto Exchange OKCoin Opens Shop in Singapore, Adds SGD Onramp

OKCoin traders in Singapore can now buy Bitcoin and Ether using Singapore dollars (SGD). The move is followed by the exchange opening offices in one of the most crypto-friendly jurisdictions...The post Crypto Exchange OKCoin Opens Shop in Singapore, Adds SGD Onramp appeared first on Crypto Briefing.

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Singapore plans to introduce crypto derivatives

Singapore’s financial regulatory authority announced that it is evaluating whether to allow crypto derivatives to be traded in the nation.  Singapore vows to introduce crypto derivatives In response to the increasing interest from institutional investors to trade crypto-related products, the Monetary Authority of Singapore (MAS) issued a consultation paper proposing to let such products be […] The post Singapore plans to introduce crypto derivatives appeared first on CryptoSlate.

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Singapore: Crypto Derivatives Set to Come Under Regulatory Oversight

Crypto derivatives are poised to come under the regulatory oversight of the Monetary Authority of Singapore

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Bitcoin-Friendly Singapore Considers Approving Crypto Derivatives Trading

Singapore has released the consultation paper on the proposed Bitcoin derivatives. Retail… The post Bitcoin-Friendly Singapore Considers Approving Crypto Derivatives Trading appeared first on CCN.com

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Asset Manager PORTAL, Rolls Out A Crypto Fund Targeting Investors of High Net Worth

The Cryptocurrency sector has recently become the go-to industry for investors. Companies and individuals are heavily investing in the crypto market. On Thursday, November 2019, PORTAL Asset Management, based in Singapore, ventured into the digital assets sector by launching a crypto fund.

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International Law Enforcement Conference Addresses Crypto and the ‘Criminal Economy’

The 2019 National Proceeds of Crime Conference (NPOCC) held in Brisbane, Australia from November 13-15 addressed “Globalisation and Digitisation of the Criminal Economy,” and featured 200+ delegates hearing from representatives of organizations such as the Australian Federal Police, Singapore and New Zealand police, United States Department of Justice, and the Australian Criminal Intelligence Commission.

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Digital Yuan Will Be Launched on Blockchain – CZ

Head of Binance Changpeng “CZ” Zhao is the main crypto space newsmaker this year. Now he has made another statement at BlockShow Asia 2019 in Singapore. Rumors that Chinese government will launch cryptocurrency have been circulating since the spring of this year.

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Crypto.com teams with Xfers enabling users to buy crypto with SGD

Cryptocurrency payments and wallet platform Crypto. com, announced today a new partnership with Xfers, a Singapore-based payment processing gateway. Now, Crypto. com users will be able to instantly buy cryptocurrencies (including BTC, ETH, LTC, XRP, MCO, CRO) in SGD.

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Bybit CEO talks challenges of building a derivatives exchange and why Singapore is the blockchain hub of Southeast Asia

CryptoSlate recently had the chance to interview Ben Zhou, the CEO and co-founder of Bybit, a crypto derivates exchange platform located in Singapore. In the interview, Ben shares how he got started in crypto, what led him to start Bybit and his crypto predictions for 2020 and beyond.

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Crypto.com and Xfers to Enable Cryptocurrency Purchases With SGD

Crypto. com will offer its users the ability to buy and sell cryptocurrencies with the Singapore Dollar. This will be the primary result of a partnership with Singapore-based Xfers, announced today at the Singapore Fintech Festival.

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CoinMarketCap’s The Capital Day 2: Crypto Regulation, User Privacy and New Tech

Welcome to day two of CoinMarketCap’s first conference, The Capital. The sun is out in Singapore today and the air is hazy over the Marina Bay Sands. As usual on the second day of any conference (at least in crypto), […] The post CoinMarketCap’s The Capital Day 2: Crypto Regulation, User Privacy and New Tech appeared first on CoinMarketCap.

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PegNet (PEG) token gets listed on crypto exchange Vinex

Vinex, a Singapore cryptocurrency exchange, announced today the listing of the PegNet (PEG) token. Markets now supported include PEG/BTC and PEG/USDT. PegNet is a decentralized, non-custodial network of tokens pegged (stabilized) to different currencies and assets that allows for trading and conversion of value without the need for counterparties.

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Liquidity Metric, New Features: Interview With CoinMarketCap’s Carylyne Chan

As part of its effort to fight fake exchange volumes, CoinMarketCap has released a new ranking tool called the Liquidity metric. The announcement came as the company hosts its first conference, The Capital, held in Singapore.

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CoinMarketCap Launches New Liquidity Metric to Address Wash Trading

CoinMarketCap unveiled a new “Liquidity” metric to address reports of widespread wash trading throughout the crypto markets. The metric will replace volume as the default for rankings.

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Highly Anticipated “Bithumb Coin” Officially Announced by Bithumb Global

SINGAPORE –  Bithumb Global, the leading digital asset exchange in the world, announces the highly anticipated crypto asset, Bithumb Coin (BT), which is the native token for the recently announced Bithumb Chain.

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New Wirex Visa Travelcard To Reward Users With 1.5% in Bitcoins on All In-Store Purchases

Crypto and fiat multi-currency accounts provider, Wirex has officially launched its travel Visa card as of Monday, November 11, 2019. Considering the fact that the firm focuses on establishing connections around the world with its services, the new travelcard will first be made present in the Asia-Pacific region, namely, Singapore, Taiwan, Hong Kong, South Korean, […]

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Fear of Crypto? JP Morgan Building Blockchain Multi-Currency System Blessed by Singapore?s Regulator

The Singaporean regulator MAS and JP Morgan are working on a prototype of a blockchain-powered system for cross-border payments using multiple currencies

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Instead of ‘Swelling’, Ripple’s XRP is ‘Selling Hard’, But Why?

Ripple’s Swell conference usually provides good bullish momentum for its native token XRP. The annual gathering of company bigwigs, bankers and academics provide an opportunity to ‘big up’ the product, but that is not being reflected in its crypto prices today.

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If You Have Good Decentralized Finance Ideas, This Contest Will Award You $5,000

Coinspeaker If You Have Good Decentralized Finance Ideas, This Contest Will Award You $5,000Equilibrium framework holding its Crypto DeFiance conference in Singapore on November 16 and they’ll award $5,000 to any team or individual who can come up with a great idea for a decentralized finance application.

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BiKi.com Drives Global Expansion West

4th November, 2019, Singapore, Singapore – Since declaring globalization two-and-a-half months ago, it has been a non-stop city-hop for the digital assets trading platform – from Toronto to Singapore, London, Seoul, Osaka, Malta and Moscow, amongst others.

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Crypto Exchange Huobi to Freeze US User Accounts by Mid-November

Singapore based crypto exchange Huobi is set to freeze accounts controlled by US residents in an effort to crack down on those individuals violating the User Agreement, according to a post on their website.

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Luno Crypto Exchange to Resume Activities in Singapore After Two-Year Hiatus

The cryptocurrency industry has gone through its fair share of troubles through the years, including an exchange called Luno. Luno moved out of Singapore and into London in 2017, stopping their services for the former at the same time.

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Equilibrium and EOSDT To Host Crypto DeFiance Event During BlockShow Asia 2019

Coinspeaker Equilibrium and EOSDT To Host Crypto DeFiance Event During BlockShow Asia 2019BlockShow Asia, Equilibrium and the EOS-based decentralized stablecoin EOSDT will host the inaugural edition of its Crypto DeFiance event in Singapore on November 16.

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Synum Cryptocurrency Bank Acquires Singapore Banking License For Asset Management Service

Sygnum, the Zurich-based crypto bank, has been awarded a banking licence to provide asset management services in Singapore. Announcing the news to the world, the bank said it had successfully been granted a capital markets services (CMS) licence from the Monetary Authority of Singapore (MAS)Monetary Authority of Singapore (MAS) which is an equivalent of a […]

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Swiss Crypto Bank Gets Approved for Singapore Banking License

Singapore welcomes crypto bank Sygnum with license

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Binance CEO Once Again Denies Any Cloud Token Relations Due to ‘Fake Picture’ of Ponzi Scheme

The world’s biggest crypto exchange, Binance, is the latest target of a pyramid scheme using renowned crypto-based companies and individuals to propagate their fraudulent activities. This is after the company was targeted by a company accused of running a crypto ponzi scheme in Singapore.

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New Singapore Payment Services Act Includes Forensic Crypto Tracking

Financial regulators in Singapore are looking to implement robust crypto tracking as part of efforts to combat financial crimes. This move comes as authorities are set to introduce the country’s new Payment Services Act.

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Crypto.com Services now Available Across 49 American States

After launching services in Asia, namely Singapore and Hong Kong, Crypto. com is aiming for the American market. According to a Twitter post, October 14, the Crypto. com app is now available in 49 U.

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Singapore Man Faces 34 Years in Prison for Illegal Crypto Mining

A 29-year-old man from Singapore faces 34 years in prison after allegedly stealing Amazon AWS and Google Cloud computing power and services to mine crypto. Stole Victims’ Information to Mine Crypto Ho Jun Jia also known as Matthew Ho was taken into the custody of the Singapore Police Force on September 26 after being charged under a 14-count indictment.

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BitDeer.com Announces Rebate Program to Reward Its Global Community

Singapore – BitDeer. com, the world’s leading computing power-sharing platform, has just announced a rebate program as an offering to its worldwide customers and new crypto mining community members.

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Crypto Expo Asia – 2019

CryptoExpo – Singapore is happy to present the event which is going to take place in Marina Bay Sands Convention Centre on October 26, 2019. Inside the large interactive exhibit hall every visitor will get the access to the newest crypto tools including the ones directly from fintech companies.

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Crypto exchange Coinhako opens $250K minimum OTC desk

Crypto exchange Coinhako opens $250K minimum OTC desk - CryptoNinjas Coinhako, a Singapore based bitcoin/cryptocurrency exchange and wallet company, announced today the launch of Coinhako OTC.

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