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Asia leads in global crypto adoption due to progressive regulatory approach
Singapore has emerged as the global leader in crypto adoption due to its progressive regulatory approach toward the industry, according to the Henley Crypto Adoption Index 2024. The report, published by investment migration consultancy Henley & Partners, highlighted the city-state’s robust regulatory environment, innovation in financial technology, and widespread public adoption as key factors propelling […] The post Asia leads in global crypto adoption due to progressive regulatory approach appeared first on CryptoSlate. дальше »
2024-8-31 20:48 | |
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Hong Kong’s ‘Deemed to Be Licensed’ Crypto Exchange List Sparks Debate on Regulation
Hong Kong's SFC strict regulatory environment has raised questions on whether the City-State could achieve its digital asset hub goals. The post Hong Kong’s ‘Deemed to Be Licensed’ Crypto Exchange List Sparks Debate on Regulation appeared first on BeInCrypto. дальше »
2024-6-3 17:50 | |
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Crypto exchanges Gate.io, OKX retreat from Hong Kong licensing efforts
Two prominent global exchanges’ subsidiaries — Gate. io and OKX — have withdrawn their applications for an operational license in Hong Kong in the last two days. This decision reflects a broader trend, as eight firms—including exchanges backed by Binance and HTX—have also abandoned their licensing efforts in the city-state, according to a notice on the […] The post Crypto exchanges Gate. дальше »
2024-5-26 21:20 | |
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GSR Markets secures license in Singapore to offer OTC services
GSR’s Singapore divison secured a rare regulatory nod from Singapore as the city-state aims to become a crypto-friendly hub. GSR Markets, a Hong Kong-headquartered crypto market maker, has secured a license for its Singaporean division from the Monetary Authority of… дальше »
2024-4-4 12:04 | |
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Animoca CEO invites Ethereum’s creator to Hong Kong
Yat Siu, founder of Animoca Brands, offered to fly Vitalik Buterin to Hong Kong and act as his tour guide to help navigate the city-state’s crypto regulatory landscape after Buterin shared doubts about long-lasting policies. дальше »
2023-9-20 22:34 | |
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Singapore regulator seeks input from Ripple and Circle on stablecoin regulation
The Monetary Authority of Singapore (MAS) has released a consultation paper seeking industry feedback on its proposed regulatory approach for stablecoins and related activities in the city-state. Major cryptocurrency firms Ripple and Circle submitted detailed responses to the consultation, offering… дальше »
2023-8-22 19:02 | |
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Chinese state-owned bank starts working with crypto firms in Hong Kong
China Bank of Communications Co., Ltd.’s Hong Kong subsidiary reportedly collaborates with several crypto companies with secured licenses in Hong Kong. According to reports, the state-owned bank works with several licensed crypto firms in the semi-autonomous city-state and has also… дальше »
2023-4-17 15:41 | |
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Singapore to help banks set standards for vetting crypto businesses
Singapore’s central bank and the police are reportedly working on establishing guidelines that would help traditional financial institutions in the city-state to improve the process of accessing potential crypto clients. дальше »
2023-4-6 14:52 | |
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OKX becomes latest exchange to apply for Hong Kong VASP license
Cryptocurrency exchange OKX intends to apply for a Virtual Assets Service Provider (VASP) license to operate in the city-state, according to a March 28 press release. The post OKX becomes latest exchange to apply for Hong Kong VASP license appeared first on CryptoSlate. дальше »
2023-3-29 19:56 | |
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Singapore grants regulatory approval to this exchange
Cryptocurrency exchange Blockchain.com has recently been granted preliminary approval from Singapore to provide crypto services in the Southeast Asian city-state. The exchange plans to grow its SingapThe post Singapore grants regulatory approval to this exchange appeared first on AMBCrypto. дальше »
2022-10-13 13:00 | |
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Coinbase secures its crypto license in Singapore, but...
The largest cryptocurrency exchange in the United States, Coinbase, announced that Singapore's central bank had approved it to provide payment services in the city-state. Individuals and institutioThe post Coinbase secures its crypto license in Singapore, but... appeared first on AMBCrypto. дальше »
2022-10-11 15:30 | |
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Where Is Do Kwon? Terra Chief Reportedly Flees Singapore
According to Reuters, Terra’s founder, Do Kwon, is reportedly not in Singapore, citing the Singapore Police Force. According to local media reports, Singapore Police stated that “the wanted crypto developer Do Kwon was not currently in the city-state. дальше »
2022-9-18 21:31 | |
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Singapore Central Bank Probes Crypto Outlets Ahead of Regulatory Overhaul
The Monetary Authority of Singapore (MAS) is surveying cryptocurrency-related firms operating in the city-state ahead of a planned regulatory overhaul. The post Singapore Central Bank Probes Crypto Outlets Ahead of Regulatory Overhaul appeared first on BeInCrypto. дальше »
2022-8-27 17:30 | |
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3AC liquidators are trying to secure Singapore assets of the hedge fund
The High Court of Singapore granted interim relief to the liquidators of Three Arrows Capital (3AC) on July 15 to investigate and preserve the assets of the insolvent crypto hedge fund in the city-state, The Straits Times reported. дальше »
2022-7-16 01:00 | |
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Crypto.com Receives Regulatory Nod in Singapore
The Singapore-based cryptocurrency exchange, Crypto.com, has announced the first approval toward a license that will enable the firm to expand its financial services in the city-state. Crypto.com Receives Approval in... дальше »
2022-6-22 16:39 | |
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ADDX starts recognizing crypto while onboarding accredited investors
ADDX, a Singapore-based private equities platform, has become the first financial institution in the city-state to recognize crypto holdings while verifying investors looking to use its platform, according to a press release. дальше »
2022-6-9 23:30 | |
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First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spend Sunday in the green. дальше »
2022-5-16 01:59 | |
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First Mover Asia: Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos Drop
Many crypto companies, especially those with roots in Asia, choose to register their companies in Singapore, but the city-state has grown uncomfortable with the scale of this arrangement; bitcoin fell sharply after hawkish remarks by Fed Governor Lael Brainard. дальше »
2022-4-6 01:33 | |
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Cryptopia Empowers Play-to-earn Fans To Explore Multiple Game Modes Without Upfront Investment
Blockchain gaming is a powerful and prominent global trend. The concept introduces many opportunities and potential benefits, but only if the Metaverse-oriented focus comes to fruition. Cryptopia is a city-state taking decentralization to its full potential while introducing play-to-earn mechanics and user empowerment. дальше »
2022-4-5 13:04 | |
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Binance seeks to open shop in Dubai, strengthening its foothold in the Middle East
Binance Holdings Ltd, the world’s biggest centralized crypto exchange by trading volume, is in talks with authorities in Dubai over a license to operate in the Gulf city-state. The post Binance seeks to open shop in Dubai, strengthening its foothold in the Middle East appeared first on CryptoSlate. дальше »
2022-3-11 02:30 | |
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KPMG recognizes Germany, Portugal and this city-state as crypto-hotspots
2021 was a highlight year for the cryptocurrency industry, with rapid growth noted not just in the asset market, but also in the infrastructure surrounding it. Big 4 accounting firm KPMG, which itselfThe post KPMG recognizes Germany, Portugal and this city-state as crypto-hotspots appeared first on AMBCrypto. дальше »
2022-2-10 22:30 | |
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Binance Closing Singapore Entity After Acquiring 18% Stake in Local Licensed Exchange
The leading cryptocurrency exchange, Binance’s Singapore affiliate, Binance Asia Services Ltd. , has withdrawn its application to operate a crypto trading platform in the city-state. The fiat-to-crypto exchange first started the process to gain approval from Singapore’s authorities last year. дальше »
2021-12-14 21:51 | |
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Crypto exchange Binance Singapore to close its doors in February
Binance Singapore, a subsidiary of global crypto exchange Binance in the city-state, has withdrawn its application for a crypto trading permit with the Monetary Authority of Singapore (MAS) and will shut down its operations on February 13, 2022. дальше »
2021-12-14 16:30 | |
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Singapore grants city-state's first crypto-license to FOMO Pay
Singapore has made significant strides in regulatory proactiveness as far as the cryptocurrency industry is concerned. One of the nation's largest payment providers in the country, FOMO Pay, has now bThe post Singapore grants city-state's first crypto-license to FOMO Pay appeared first on AMBCrypto. дальше »
2021-9-1 21:30 | |
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Korean Internet Firm Kakao Eyes Blockchain Expansion To Singapore
Kakao pushes its expansion plan to Singapore for Klaytn, its legacy blockchain platform, following its globalization quest. Reporting on Monday, The Korea Herald disclosed the city-state establishment of the Klaytn Foundation and Krust, the new blockchain-based entities by Kakao. дальше »
2021-8-17 00:00 | |
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Kakao Expands Into Singapore to Strengthen Its Global Blockchain Adoption Initiative
South Korean Internet giant Kakao launched two blockchain units in Singapore as part of the company’s plans to expand its blockchain reach for the Klaytn project globally. Two Blockchain Entities in Singapore According to the Korea Herald on Monday (August 16, 2021), the two blockchain-based entities established in the city-state are the Klaytn Foundation andRead More дальше »
2021-8-17 23:00 | |
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Singapore Stock Exchange Taps Blockchain for Settlement Layer Infrastructure
The Singapore Stock Exchange (SGX) has partnered with investment firm Temasek to explore the use of blockchain technology for the settling of asset trades. Temasek remains a prominent player in Singapore’s expanding utilization of decentralized ledger technology (DLT) with several collaborations with both public and private establishments in the city-state. SGX and Temasek to BuildRead More дальше »
2021-1-23 16:00 | |
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Hong Kong approves license for city-state's first crypto-lending platform
Crypto-lending platform PawnHub has become the first company to receive a license from the Government of Hong Kong, a license that will allow the firm to expand its crypto-lending services in the counThe post Hong Kong approves license for city-state's first crypto-lending platform appeared first on AMBCrypto. дальше »
2020-2-8 14:30 | |
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Singapore Introduces Licensing for Crypto Platforms, New Payment Services Now Act in Force
The Monetary Authority of Singapore (MAS) has announced the commencement of the city-state’s new Payment Services Act. The law mandates the implementation of a licensing regime that applies to payment providers, exchanges and other platforms dealing with cryptocurrencies. дальше »
2020-1-29 04:20 | |
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Hong Kong Bitcoin Trading Volume Spikes to Highest Levels Ever Recorded
Interest in Bitcoin seems to be booming in Hong Kong. LocalBitcoins recorded its highest trading volume ever in the city-state this past week. The protests in Hong Kong have been called the first uprising fully attuned to our modern, technocratic age. дальше »
2019-10-2 12:29 | |
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Cryptocurrency’s future may lie in Asia, and not the US, claims SEC’s Hester Peirce
Hester Peirce, popularly known as ‘crypto mom’ among crypto-enthusiasts, is in the news after she said that Singapore’s regulatory authorities were more open towards engaging and having discussions with the community. дальше »
2019-9-19 10:33 | |
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Press Release: Singapore Rising as a Cryptocurrency Hub
The city-state of Singapore has often been regarded as an economic powerhouse in the Asia Pacific region. Since the nation’s independence, Singapore has transformed itself from a rural backwater to... дальше »
2019-5-16 20:31 | |
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Hong Kong Bitcoin Traders Guilty of ‘Unfair’ Mining Sales Face 5-Yr Prison Term
By CCN. com: Hong Kong’s Secretary for Financial Services and the Treasury, James Lau, has clarified to the city-state’s Legislative Council that commercial transactions relating to Bitcoin mining devices are protected under the Trade Descriptions Ordinance. дальше »
2019-4-4 15:34 | |
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Singapore Central Bank ‘Demonstrates’ Value of Blockchain With Tokenized Assets
The Stock Market and Central Bank of Singapore have successfully developed a blockchain-based settlement system for tokenized assets in partnership with some big names like Nasdaq, Anquan Capital, and Deloitte. дальше »
2018-11-13 16:00 | |
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Singapore Hosts New Fiat-Crypto Exchange, Welcomes Crypto Bank Accounts
It has been a busy week for Singapore as it relates to cryptocurrency. The city-state is set open the first fiat-crypto exchange in Southeast Asia, while the financial regulator has vowed to help crypto companies set up local bank accounts, according to media reports. дальше »
2018-10-11 18:30 | |
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Singapore’s Central Bank Partners With Nasdaq, Deloitte on Settling Tokenized Assets
Singapore’s Monetary Authority of Singapore (MAS), the country’s central banking institution, has teamed up with major firms. The project hopes to develop solutions for the exchange and settlement of tokenized digital currencies, as well as securities assets. дальше »
2018-8-25 07:00 | |
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