New Study Reveals Ethereum Gained More Popularity Than Bitcoin In 2021

A new study reveals that Singapore benefited from cryptocurrencies, especially Ethereum, through increased adoption. Germini, a crypto exchange, conducted The State of Crypto in Singapore Report 2021, collaborating with Seedly and CoinMarketCap.

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Elliptic Adds Full AML and CFTC Compliance to Singapore’s New Digital Dollar

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OKCoin opens doors to crypto traders in Singapore

The new office will reportedly serve as a new hub for crypto traders in Asia and Oceania.

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Ripple Partner Currencycloud to Provide New Range of Collections Services to Wallex in Singapore

Ripple partner Currencycloud and B2B payments solution provider Wallex plan to come up with a new range of collections services for Wallex's clients in Asia

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Crypto Exchange, Luno, Is Now a Wholly-Owned Subsidiary of Digital Currency Group (DCG)

Cryptocurrency exchange Luno has been acquired by New York-based digital asset firm Digital Currency Group. London-based Luno, which also has hubs in Singapore, Cape Town, Kuala Lumpur, Lagos, Jakarta, and Johannesburg, has about 400 employees and caters to more than five million customers.

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Singapore Exchange to Bring Regulated Bitcoin and Ethereum Cryptocurrency Indices to Asia

Singapore Exchange Ltd (SGX) has announced plans to launch two new cryptocurrency indices. The iEdge Bitcoin Index, and the iEdge Ethereum Index, will bring certified price referencing to the Asia region.

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Bluzelle Reveals Decentralized Oracle to Enhance DeFi Project Security and Price Reliability

Singapore, August 27, 2020 — Decentralized data network Bluzelle has released details of a new oracle intended to enhance security for DeFi projects as well as to interact with fully decentralized databases.

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PayBito to aid new crypto exchange in Singapore

A Singaporean company will be building a crypto trading platform using PayBito’s infrastructure In... The post PayBito to aid new crypto exchange in Singapore appeared first on Coin Journal.

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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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Singapore bank says Bitcoin, crypto is “no more” the wild west

A prominent Singapore bank said Bitcoin and other public cryptocurrencies present a “new frontier” for contactless payments and digital money, one that’s past their days of being dismissed by bankers.

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Singapore’s Central Bank Backs New Code of Practice for Crypto Companies

The guidance is aimed to assist regulatory compliance and enhance crypto industry conduct under the city-state's payment laws.

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Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears

Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year.

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Crypto Exchange Operator Diginex to List on Nasdaq in September

Crypto startup Diginex has launched a cryptocurrency exchange ahead of its Nasdaq listing which has already been approved by the U. S. Securities and Exchange Commission (SEC). The new exchange is based in Singapore where Diginex has applied for a license.

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Singapore’s Financial Regulator, MAS, Wants More Power to Push Stringent Rules For Crypto

Singapore's financial regulator, which also serves as the country's central bank, The Monetary Authority of Singapore (MAS), is seeking to introduce stricter rules for the crypto industry to adhere to the new Financial Action Task Force (FATF) standards.

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Bexplus Crypto Exchange: Bridge The Gap Between Crypto Beginners and Veterans

With a new and overdue wave of volatility, bitcoin trading is making a revival. The leading crypto exchange Bexplus is aiming to be at the forefront. Post its 2017 launch, the exchange has attracted over 100K users, established offices in Singapore, Japan, the US, and Brazil and is constantly expanding worldwide.

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Gemini Plots Singapore Expansion With Appointment of New Asia Director

Gemini has appointed a new Managing Director of Asia-Pacific, and is now applying for a license to operate in Singapore.

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Enjin’s New Minecraft Plugin Enables Players to Integrate Blockchain Assets Into Their Servers

The EnjinCraft plugin is now available to over 200,000 Minecraft servers, enabling players to integrate their own blockchain economies into Minecraft. 27 May 2020, SINGAPORE — Enjin has released EnjinCraft, their latest addition to the Minecraft ecosystem shortly after Minecraft’s 11th anniversary.

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Singapore’s State Investor, Temasek, And VC Firms Slow Ventures, Paradigm Join Libra Association

Libra Association has announced that it is expanding its membership with three new entities recently on-boarded. Among them is Temasek Holdings, one of Singapore's state investor. The two other firms are California based VC's, Paradigm, and Slow Ventures.

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Fireblocks Hits $30B In Digital Asset Transfers; Expands into APAC With 2 New Offices

Leading crypto security startup, Fireblocks has announced it is opening new offices in Asia in Singapore as well as Hong Kong. On April 30, Fireblocks revealed that its platform has so far transferred digital assets worth $30 billion and at the moment conducts transactions worth more than $7 billion every month. The firm revealed that […]

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Fidelity-Backed Fireblocks Opens Asia Offices to Pitch Crypto ‘Hot Vault’

Fireblocks, a platform that secures digital assets in transit, is expanding in Asia with two new offices, one in Hong Kong, the other in Singapore.

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GoDaddy Email Confirmed: New Details on KuCoin’s Legal Troubles in Singapore

Cointelegraph confirms new details in the case against KuCoin in Singapore

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Bityard Launches YouTube Recruitment Competition with over 38,000 XRP in Prizes

Bityard has launched a YouTube recruitment competition for content creators, with over 38,000 XRP in prizes.   20th April, Singapore 2020 – Bitcoin and cryptocurrency contracts exchange Bityard launched in early 2020 with a USDT bonus for all new registered users.

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Singapore: No Income Tax on Cryptocurrency Airdrops and Hard Fork Tokens, IRAS Says

The Internal Revenue Authority of Singapore (IRAS) has published new crypto tax guidelines indicating a tax exemption for hard forks and airdrops. Also, the guide outlines Singapore’s tax treatment scheme for digital tokens and securities.

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Singapore Won’t Tax Airdrops or Hard Forks Under New Crypto Guidance

Singapore’s taxation authority has clarified how it taxes the transaction of payment, utility and security tokens.

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BitMax.io Launches Staking Support to Solve the Liquidity Dilemma for Staked Assets

Introduction BitMax. io (BTMX. com), a Singapore registered digital asset trading platform, has launched a new staking product on April 2, with initial support for Cosmos (ATOM) and Tezos (XTZ) beforThe post BitMax.

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Singapore Allows Crypto Companies to Operate Without a License for 6 Months

The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno, Upbit, and Wirex.

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Singapore Temporarily Exempts Crypto Firms, Including Coinbase, From New Licensing Regime

Cryptocurrency firms can continue operating but must apply for a license by summer under new rules

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Crypto payment service Pundi X granted exemption until July 2020 for Singapore license

The team of Pundi X, a crypto payment service platform, announced it has been granted an exemption from Singapore regulator MAS for holding a license to operate in the country until July 28, 2020. Earlier this year (January 28, 2020) the Monetary Authority of Singapore (MAS) commenced a new Payment Services Act (PS Act) to […]

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Crypto Payments Firm Halts Operations Citing Singapore’s New Regulatory Regime

Singapore-based Coinpip said it has "suspended operations" while it looks at becoming licensed under new AML rules.

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Japan’s Line Replaces Singapore Crypto Exchange With New US Platform

As of today, users are automatically redirected from Line’s Singapore exchange BitBox to the new BitFront platform

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Binance Applies for Singapore Crypto License Under The New Payment Services Act

Binance crypto exchange through its parent company has applied for Singapore’s new operating license. This follows an upgrade of laws governing crypto in the FinTech friendly jurisdiction. Singapore sought to advance its payments’ ecosystem legalities as more firms’ leveraging blockchain tech and tokenization set up in the country.

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Singapore AML Framework Can Attract Crypto Businesses, Not Chase It Away

Singapore continues its push for "an Electronic Payments Society" with the new regulatory framework — unlike 5AMDL, it is unlikely to hinder crypto businesses

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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.

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Singapore’s Payment Services Act Creates new Opportunities for Cryptocurrencies

Singapore can become a crucial region regarding cryptocurrencies. The recently introduced Payment Services Act can pave the way for broader adoption. Similar to measures in other countries, this law helps identify legitimate exchanges and companies.

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Singapore Implements New Legislation to Govern Crypto Market Participants 

Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has announced that its Payment Services Act (PSA) is now live. The PSA aims to strengthen the existing regulatory framework governing cryptocurrency exchanges and other financial services platforms, while also fostering consumer protection and promote users’ confidence in digital payments, according to a press release onRead MoreRead More.

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Singapore New Payment Law Allows Crypto Companies to Lead Their Activities in the Country

Coinspeaker Singapore New Payment Law Allows Crypto Companies to Lead Their Activities in the CountrySingapore's new financial legislation is aimed to increase crypto-related activities in the country.

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This Country is Now Open to Global Crypto Exchanges Expanding Locally

With Singapore’s Payment Services Act coming into effect, crypto exchange platforms can now apply for operating licenses in the country. Crypto Exchange Platforms Now Legalized in Singapore Back in September 2019, Singapore’s parliament passed the Payment Services, Bill, into law, creating the Payment Services Act with the new law coming into effect on Tuesday (January 28, 2019).

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Singapore Announces New AML Rules for Crypto Businesses

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.

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Bitcoin Puzzle Worth 2.1 BTC STILL Unsolved, Find New Clues Here

With its 2. 1 bitcoin (BTC) puzzle still unsolved, a Phemex co-founder has offered a few clues to help in cracking the code. The crypto derivatives trading platform is one of the new entrants in the market, going live late last year with an operational presence in Singapore.

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Singapore Gov’t, Mastercard and Mitsubishi Form Alliance to Digitize Trade

A new alliance of the Singapore government and 16 major trading and manufacturing firms — including Mastercard and Mitsubishi — aims to digitize international trade

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Bitcoin-Friendly Bank SEBA Expands to Nine More Countries

SEBA Bank AG, a Swiss-based, lender licensed by the nation’s Financial Market Supervisory Authority (FINMA) to offer a range of traditional banking services as well as cryptoassets products to its clients, has now expanded its operations to nine new jurisdictions including Italy, Germany, and Singapore, among others, according to reports on December 12, 2019.

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Regulated Swiss Crypto Bank SEBA Expands Services to 9 New Countries

Swiss crypto bank SEBA has rolled out its services to clients across Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal

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OKCoin now supports SGD-based spot trading for bitcoin (BTC) and ether (ETH)

OKCoin, a popular bitcoin and cryptocurrency exchange company, today announced an expansion into Singapore Dollar (SGD) spot trading markets. New customers residing in Singapore and Brunei will be able to now access SGD-based spot trading services for bitcoin (BTC) and ethereum (ETH).

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Former Morgan Stanley Developers Launch Crypto Derivatives Exchange

Former Morgan Stanley developers launch a new cryptocurrency derivatives trading platform in Singapore

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Matrixport, Startup Created By Bitmain Co-Founder, to Expand to Europe with Zurich Office

A cryptocurrency start based in Singapore called Matrixport is about to open up a new office in Europe. The startup, which was created by the CEO of Bitmain, Jihan Wu, is set to expand to Switzerland by opening an office in Zurich in the coming weeks. In the new country, Matrixport will be known as […]

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New Face of BiKi.com: Rebranded But Still True to Roots

26th November, 2019, Singapore – Digital assets trading platform BiKi.com has recently… The post New Face of BiKi.com: Rebranded But Still True to Roots appeared first on CCN.com

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Tezos Partners With Government of Singapore’s Platform To Create Blockchain Project For Training Program

Tezos has recently started a new partnership with Tribe, a platform backed by the government of Singapore. The goal of this new joint effort is to launch a training program focused on developers that will be created on top of the Tezos blockchain and help them to understand more about the technology. The programs are […]

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Bakkt Parent Firm ICE Brings Bitcoin ‘Cash-Settled’ Futures to Singapore

Bitcoin’s ‘cash-settled’ futures market is coming to Singapore. ICE, the operator behind Bakkt’s BTC futures firm, has chosen to offer this new product, which will be traded on ICE Futures Singapore.

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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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