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Singaporean Bank Leads Asia With First Of Its Kind Crypto Options

By being the first Asian bank providing over-the-counter (OTC) crypto options and structured notes, Singapore’s DBS Bank is creating waves in the financial industry. Originally scheduled for Q4 2024, these products will mostly target institutional investors and accredited wealth clients, giving them more investment options connected to significant cryptocurrencies like Bitcoin and Ethereum. Related Reading: […] дальше »

2024-9-18 06:30


Singapore Bans Use Of Crypto In Gambling To Curb Illicit Activity

The dangers of money laundering and other associated crimes have Singaporean authorities stopping the use of crypto for gambling. Related Reading: US Congress Tackles DeFi—What’s The White House’s Position? Singapore’s parliament has passed amendments to the Casino Control Act, designed to further enhance the effectiveness of the country’s casino regulatory regime and its safeguards for […] дальше »

2024-9-12 03:30


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Singaporean VC firm Foresight Ventures buys 80% stake in The Block

Foresight Ventures, a Singapore-based investment firm, has bought a majority stake in crypto media company The Block, purchasing an 80% stake at $60 million. This strategic acquisition comes almost a year after the collapse of FTX and Alameda Research, from the latter of which The Block’s previous CEO, Mike McCaffrey, had borrowed several million dollars. дальше »

2023-11-13 20:45


Singapore High Court declares cryptocurrency as property, rules in favor of ByBit in trust case

A Singaporean High Court has ruled that cryptocurrency is a property capable of being held in trust, according to a July 25 ruling. ByBit vs. Miss Ho The court reached this decision in a case involving Seychelles-based crypto exchange ByBit which alleged that a contractor Miss Ho Kai Xin, breached the terms of her employment […] The post Singapore High Court declares cryptocurrency as property, rules in favor of ByBit in trust case appeared first on CryptoSlate. дальше »

2023-7-26 16:55