2024-6-10 11:12 |
Singapore police advised businesses against paying ransom to the bad actors in case of a compromise and asked them to report the incident to authorities immediately. origin »
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Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, emphasizing credentialing.
2024-5-18 00:44 | |
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The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank is participating in Project Guardian, a project for testing asset tokenization and DeFi for traditional banks.
2023-7-5 12:27 | |
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The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
2023-7-6 10:36 | |
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The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
2023-7-5 10:36 | |
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The Asian crypto hub Singapore and neighboring Thailand have released new directives over the handling of digital assets in two announcements on July 3. Singapore’s six new requirements for crypto businesses The Monetary Authority of Singapore (MAS) issued six new requirements for crypto firms to protect crypto investors.
2023-7-3 15:40 | |
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The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app.
2023-6-13 23:00 | |
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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.
2023-4-6 14:52 | |
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Singapore's central bank and police authorities have been helping banks to set uniform standards for fine-tuning their vetting approach when opening crypto accounts.
2023-4-6 09:43 | |
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According to Bloomberg report, Singapore is tightening up its surveillance of cryptocurrency-related businesses. The country is adopting these measures in light of the upcoming legislative reforms.
2022-8-27 22:30 | |
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The central bank will detail a framework to ensure businesses are properly regulated within its jurisdiction while encouraging business in the ecosystem.
2022-7-21 17:11 | |
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SINGAPORE, 11 May 2022 — Amber Group, the leading global digital asset platform, today announced its entry into the metaverse with the launch of Openverse, a Web3 enablement platform for creators, brands and businesses.
2022-5-11 12:20 | |
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One of the largest names in the Chinese crypto businesses, Huobi Group has now decided to choose Singapore as its regional headquarters. As per co-founder Du Jun, the group will also have another regiThe post Huobi chooses Singapore as its Southeast Asia base, but cannot cater to local customers appeared first on AMBCrypto.
2021-11-30 20:30 | |
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Meanwhile, Binance CEO CZ says as much as 97% of its users go through KYC and that regions like Singapore, France, and Dubai “understand the importance of attracting crypto businesses.” The post Banking Watchdog Warns of Highly Cautious Approach to Crypto from OCC, Fed, and FDIC first appeared on BitcoinExchangeGuide.
2021-11-18 17:13 | |
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Sponsee, Singapore’s leading influencer marketing platform that enhances the connection between influencers and businesses has announced a public listing for its recently launched native token $SPON.
2021-11-7 00:27 | |
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Key takeaways Singapore’s MAS issues full licensure approval for DBS Vickers (DBSV) and Independent Reserve to provide digital payment token services. Other cryptocurrency exchanges and businesses are still under “in principle approval.
2021-10-3 19:44 | |
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SINGAPORE (December 17, 2020) – Extend My Runway (EMR), a data-driven platform and Singaporean private limited company, announces an Initial Coin Offering (ICO) for December 28, 2020. EMR invites members of the community to purchase utility tokens to power up the EMR machine-learning engine which improves your brain’s innovation and productivity. Employing the latest neuroscience, […]
2020-12-17 11:44 | |
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U. S. crypto exchange giant is among a list of cryptocurrency companies granted temporary licensing exemptions by financial regulators in Singapore. The move is a direct result of the regulatory requirements imposed on virtual currency businesses on account of the country’s Payment Services Act (PSA).
2020-3-28 00:00 | |
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Singapore continues its push for "an Electronic Payments Society" with the new regulatory framework — unlike 5AMDL, it is unlikely to hinder crypto businesses
2020-2-6 06:00 | |
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Singapore’s newly-enacted Payment Services Act brings so-called Digital Payment Token (DPT) services under current anti-money laundering (AML) and counter-terrorist-financing (CTF) rules.
2020-1-28 07:40 | |
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Asia-focused Payment Gateway, Omise announced that it will be offering PayNow to customers in Singapore reports Finance Magnates. Customers, namely small and medium-sized e-commerce businesses can expect this addition to take place sometime next month.
2019-11-12 01:38 | |
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Monetary Authority of Singapore (MAS) has managed to create a new blockchain-based prototype for multi-currency payments, in collaboration with Temasek and JPMorgan. According to the developers, the network could significantly improve numerous aspects of sending payments, including the cost efficiency for businesses.
2019-11-11 15:44 | |
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Dr Raghuram Rajan, economist and financial analyst, took the stage at the Swell 2019 conference this month that was held in Singapore. During his talk, Rajan, explained the importance of blockchain technology in the financial sector and how it’s poised to revolutionize businesses around the world.
2019-11-8 02:37 | |
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The Association of Cryptocurrency Enterprises and Start-ups, Singapore (ACCESS) together with the Monetary Authority of Singapore (MAS) developed a new ‘Code of Practice’ to set standards of good practice regarding Anti-Money Laundering (AML) and countering the financing of terrorism measures for crypto-related businesses.
2019-8-20 13:00 | |
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Businesses in Singapore can now have faster payments for goods purchased and services availed in China, thanks to InstaReM. Singapore-headquartered InstaReM is a digital cross-border payments company with a presence in over 40 countries, across Asia-Pacific, North America, and Europe.
2019-8-2 16:10 | |
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Coinspeaker Potential Crypto Tax Cuts Could Boost Singapore BusinessesMultinational professional services firm and one of the ‘Big Four’ auditors, PwC, praises Singapore’s move to exempt cryptocurrencies and digital tokens from sales tax when used to pay for goods and services.
2019-7-30 11:56 | |
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Singapore is currently making a move that may help the local crypto community a lot. The country is planning to exempt some digital currencies from a tax called Good and Services Tax. The idea is that this could benefit several crypto-related businesses and help the growth of the industry in the country. An expert from […]
2019-7-30 06:17 | |
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Several major cryptocurrency traders have reportedly begun discussing plans to enact an industry-wide blacklist of suspicious actors, to stem the tide of scams, theft and fraud in the crypto space.
2019-5-10 15:52 | |
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BloqLabs has opened up the beta waitlist for Titan, a fully integrated software suite for managing cryptocurrency mining. The project was introduced by Bloq CEO and co-founder Jeff Garzik onstage during a brief speech at Binance Fair in Singapore in an overview discussion of BloqLabs.
2019-1-24 20:20 | |
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Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses.
2019-1-11 21:17 | |
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For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.
2018-12-3 19:20 | |
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A proposal, the Payment Services Bill, was introduced to the parliament of Singapore in an effort use the country’s central bank to oversee the providers of payment services for cryptocurrency. It would specifically apply to providers that do not fall under the jurisdiction of the Money-Changing and Remittance Businesses Act or the Payment Systems Oversight […]
2018-11-28 11:56 | |
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Global private capital platform CapBridge Pte. Ltd. has garnered a license from the Monetary Authority of Singapore (MAS) to operate a security exchange known as 1exchange (also called 1X), which became operational on November 21, 2018.
2018-11-24 21:31 | |
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With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital.
2018-11-15 22:38 | |
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Bizkey, a point-of-sale platform, has announced that it is running a series of “Token Days” in Singapore. The platform has partnered with several retailers and merchants in the vicinity of Singapore’s Chinatown, and it will help those businesses accept cryptocurrency as payment over the next three weeks.
2018-11-1 03:56 | |
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A consortium backed by major Chinese corporations Tencent and Huawei will debut its new open source “blockchain ecosystem” FISCO BCOS at the Singapore Fintech Festival next month. BCOS is geared towards providing enterprise-grade distributed ledger (DLT) solutions.
2018-10-18 13:46 | |
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Singapore’s financial regulator has revealed it will help local cryptocurrency firms set up traditional bank accounts, to help boost the country’s fintech economy. “What we are trying to do is to bring the banks and cryptocurrency fintech startups together to see if there is some understanding they can reach,” Monetary Authority of Singapore managing director Ravi Menon told Bloomberg.
2018-10-11 13:52 | |
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CrowdForce Partners With Huobi Global to Promote Financial Inclusion We are all aware how the cryptocurrency industry continues to grow tremendously. That is the reason why CrowdForce has partnered with Huobi, a global leader in the cryptocurrency exchange based in Singapore.
2018-10-10 21:31 | |
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Singapore To Empower Crypto Startups With Banking Services Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced that it is working out modalities to empower crypto startups in the city to enable them render banking services or partner with banks.
2018-10-10 19:55 | |
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Southeast Asia will purportedly see its first fiat-to-cryptocurrency exchange launching in Singapore. The venue is intended to make digital currencies more accessible to both consumers and businesses.
2018-10-9 10:00 | |
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September 24th, 2018, Singapore – The technology company that’s leveraging Blockchain to build applications and businesses with transparency and control of data in its core, begins ICO. DBX made headlines this week with the announcement of their ICO launch that is expected to shake up the Blockchain ecosystem.
2018-9-24 21:54 | |
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September 24th, 2018, Singapore – The technology company that’s leveraging Blockchain to build applications and businesses with transparency and control of data in its core, begins ICO. DBX made headlines this week with the announcement of their ICO launch that is expected to shake up the Blockchain ecosystem.
2018-9-24 19:53 | |
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A leading Hong Kong jeweler will utilize blockchain technology to sell diamonds and other precious gems to customers, according to the South China Morning Post. Hong Kong Businesses Deploy Blockchain Chow Tai Fook, a Hong Kong-based jewelry retailer with locations in China, Vietnam and Singapore, has partnered with Everledger, a blockchain solutions provider, to promote transparency […] The post Hong Kong Jewelry Chain Adopts Blockchain for Authenticity Checks appeared first on CryptoSlate.
2018-9-14 10:00 | |
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China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers.
2018-8-24 00:24 | |
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Launched in 2009, the social networking app Foursquare was hailed as providing a cutting-edge approach for users to share their location with friends. Called a “check-in,” people would reveal their location through their mobile device by selecting the venue they were frequenting at that time.
2018-8-15 17:34 | |
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A new report on cybercrime shows mid-market companies — 500 to 999 employees — experience greater losses than smaller or larger ones. The report, published by the internet security company Malwarebytes and the market research firm Osterman Research, was based on a survey of 900 security pros — 200 of which worked in the US, with 175 each in the UK, Germany, Australia, and Singapore.
2018-8-10 20:46 | |
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A Singapore-based fintech startup has launched a massive blockchain centre to help small and medium-sized businesses in a number of industries. The six-story construction is located at Serangoon North.
2018-7-11 23:00 | |
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Switzerland businesses are urging their government to allow banks in the country to add cryptocurrency transaction system, says the Financial Times. In an exclusive interview to the economic publication, Crypto Valley’s Heinz Tannler says, “We hope to clarify relationships by the end of the year at the latest.
2018-7-3 23:23 | |
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As the general public becomes more interested in obtaining Cryptocurrency so do the millions of merchants that want their business. What was a monumental task to integrate Crypto payments has now become so easy that “anyone can do it.
2018-6-11 01:00 | |
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