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Dtcpay inks partnership to launch crypto payment network
Previously known as the Digital Treasures Center, Dtcpay has made a name for itself offering state-of-the-art digital currency payment services, enabling partners and merchants to accept payments in both traditional and digital currencies. дальше »
2023-11-19 20:57
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XREX receives approval for crypto payment services in Singapore
XREX, a crypto exchange in Asia focusing on cross-border payments, has secured in-principle approval for a Major Payment Institution (MPI) license in Singapore. On Nov. 17, XREX announced on X (formerly Twitter) that it had received initial approval from the… дальше »
2023-11-17 14:40
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Mastercard sees no justification for consumers to use CBDCs
Payments giant Mastercard says adoption is the most challenging part for state-issued digital currencies. The second-largest payment-processing provider, Mastercard, sees no prospects for central bank digital currencies (CBDCs) shortly, as consumers nowadays are “comfortable using today’s type of money.” In… дальше »
2023-11-17 11:44
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Singapore’s Central Bank to pilot live CBDC for interbank settlements
The Monetary Authority of Singapore (MAS) is set to launch a live pilot of a CBDC for wholesale interbank settlements, marking a significant step in the integration of digital currencies into mainstream banking operations. дальше »
2023-11-17 20:33
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Singapore’s MAS reveals plan to issue ‘live’ CBDC for wholesale settlement
The Monetary Authority of Singapore (MAS) is planning a pilot program where it would issue a “live” central bank digital currency (CBDC) for wholesale interbank settlement next year, according to a Nov. дальше »
2023-11-16 16:25
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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
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Hodlnaut heading for liquidation after failure of restructuring, sale efforts
Recovery from the crypto winter is proceeding, but Hodlnaut seemingly won’t survive it. A sealed court order in Singapore appears to spell its doom. дальше »
2023-11-11 20:49
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Hodlnaut files wind up order in preparation for liquidation
Singapore-based Hodlnaut filed a wind-up order with the court on Nov. 10 as it prepares for a full liquidation of its remaining assets, according to court documents. The winding-up process will be carried out under the provisions of the Insolvency, Restructuring, and Dissolution Act of 2018 and is expected to begin in the coming weeks. дальше »
2023-11-10 20:20
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Fed’s balance sheet signals cautious but consistent quantitative tightening
Quick Take The Federal Reserve’s balance sheet has undergone a recent update, revealing a quantifiable decrease in its total. As of Nov. 8th, the balance sheet reveals a total of $7. 861T, indicating the continuation of the Federal Reserve’s quantitative tightening strategy. дальше »
2023-11-10 19:40
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International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up
Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement. дальше »
2023-11-10 16:36
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Cardano Partners With Singapore’s Blockchain Institute: ADA Turns Bullish
Emurgo, one of the founding entities of the Cardano blockchain, has officially announced a partnership with the Institute of Blockchain Singapore (IBS) today. This strategic alliance, revealed via X (formerly Twitter), accentuates the rising importance of blockchain education on a global scale, while also highlighting Cardano’s commitment to the same. Cardano Expands Its Presence In […] дальше »
2023-10-31 22:00
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Singapore partners with UK, Japan, and Switzerland on digital asset initiative
The Monetary Authority of Singapore (MAS) is partnering with regulators from the United Kingdom, Japan, and Switzerland to facilitate responsible digital asset innovations across international borders. дальше »
2023-10-30 16:30
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Binance and CME are in a neck-and-neck race for dominance in Bitcoin futures
Quick Take The dynamics of Bitcoin futures open interest unveils an intriguing interplay between major exchange platforms, Binance and CME. The former, a global cryptocurrency exchange with a wide reach, currently holds a slightly larger piece of the pie at just over 28%. дальше »
2023-10-30 15:28
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Bitdeer to buy back shares worth up to $2m
Singapore-based Bitcoin (BTC) mining company Bitdeer Technologies wants to buy back its shares for up to $2 million. The Nasdaq-listed firm’s board of directors approved a new share repurchase program effective until April 17, 2024, the statement said. The program… дальше »
2023-10-20 14:44
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Singapore establishes new forces to control and confiscate crypto
Singapore’s Attorney General’s Office has officially established two forces dealing with crypto, including assisting police in tracking and confiscating cryptocurrencies. Deputy Chief Prosecutor of the Attorney General’s Office Ong Shuren told Lianhe Zaobao that Singapore has always been quick to… дальше »
2023-10-18 12:15
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Upbit receives in-principal approval for MPI License in Singapore
Upbit Singapore secures in-principal approval for an MPI license from the MAS. The approval allows Upbit to offer regulated digital payment token services under Singapore’s Payment Services Act 2019. дальше »
2023-10-16 10:19
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Singapore seizes $2b in assets, crypto in major crackdown
Singapore authorities intensified its anti-money laundering measures by freezing over $2 billion in assets, including cryptocurrencies, amid an ongoing investigation. дальше »
2023-10-4 18:40
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Chainalysis lays off 15% of staff to curb expenses
Chainalysis, a blockchain analysis company backed by Singapore’s leading wealth fund GIC, has reduced its workforce by 15%. дальше »
2023-10-4 12:55
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Coinbase secures full regulatory approval in Singapore
Coinbase is the latest crypto company to secure full regulatory approval in Singapore. дальше »
2023-10-2 13:10
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Coinbase Obtains Payment License in Singapore
Last week the company attained regulatory approval in Bermuda and registered with Spains central bank. дальше »
2023-10-2 11:07
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Tether reportedly shuts USDT redemption for some Singapore customer groups
Tether in its email said they found Cake DeFi to be controlled by “another corporation that resides in Singapore,” and thus they won’t be allowed to redeem USDT. дальше »
2023-9-25 12:42
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Singapore Police report higher total involved in money laundering case
The Singapore Police Force is planning to take further action in response to the largest money laundering case in the country. Currently, cryptocurrencies valued at $26 million have already been seized in relation to the case. дальше »
2023-9-20 21:30
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Citi ventures into custody for fractionalized bonds in Singapore
Citi’s securities services business will provide custody services for fractionalized and full-sized blockchain-based bonds. Citi Securities Services, a management hub offering securities solutions, is now providing digitalcustody for bonds traded on BondbloX Bond Exchange (BBX), a fractional bond exchange regulated… дальше »
2023-9-15 14:32
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Circle trials web3 wallet in Singapore with super-app Grab
Southeast Asia’s premier tech startup, Grab is teaming up with USDC stablecoin issuer Circle to pilot a web3 wallet within its super-app. The announcement came on Sept. 14, with Circle revealing that these new services would be accessible to Grab… дальше »
2023-9-14 16:02
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Artfi set to sponsor Token2049 Singapore
Artfi, an art and collectible investment project, will sponsor Token2049, one of the largest crypto events in Singapore дальше »
2023-9-8 18:15
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Coinbase Singapore now requires counterparty’s personal information to process transactions
Coinbase Singapore users must provide additional counterparty information when initiating cryptocurrency deposits or withdrawals from their accounts starting Sept. 5. The exchange said it introduced these measures in compliance with the Monetary Authority of Singapore (MAS) regulations on anti-money laundering and countering the financing of terrorism. дальше »
2023-9-6 18:00
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Crypto futures and ETFs are knocking at the door: Law Decoded
The SEC will likely approve multiple applications for Ether futures exchange-traded funds simultaneously.
дальше »2023-8-22 23:30
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McDonald’s Singapore launches Grimace NFT collectibles
McDonald’s Singapore collaborates with NFT artists The Hidden Walls and Bandwagon Labs, unveiling unique Grimace-themed digital collectibles. McDonald’s Singapore is delving into the world of non-fungible tokens (NFTs), focusing on Grimace, a character from the McDonaldland universe. The endeavor is… дальше »
2023-8-18 16:08
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Singapore police seize $735m in money laundering crackdown
Singapore authorities arrested ten foreigners in a major money laundering bust, confiscating assets worth roughly $735 million. On Aug. 16, Singaporean police arrested ten foreign nationals with Chinese passports, accused of laundering approximately S$1 billion ($735 million) in Singapore. During… дальше »
2023-8-18 17:00
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DeFiance Capital Gains Upper Hand In Jurisdiction Battle Against 3AC: Singapore Courts To Preside
The crypto finance world has witnessed numerous disputes, but few have been similar to that of the ongoing feud between DeFiance Capital and Three Arrows Capital Limited (3AC). Particularly, this dispute underscores the intricate interplay between traditional financial frameworks and the evolving dynamics of digital assets. дальше »
2023-8-15 19:00
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Singapore Red Cross to allow crypto donations
The Singaporean branch of the nonprofit humanitarian organization Red Cross has partnered with the crypto payments gateway, Triple-A, to allow crypto donations. People can now donate four digital currencies — Bitcoin (BTC), Ethereum (ETH), USDT, and USDC. According to an… дальше »
2023-8-15 14:28
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Crypto Exchange Blockchain.com Obtains Payment License In Singapore
Cryptocurrency exchange Blockchain. com has been granted a payment license in Singapore, expanding its operations in Asia and the world at large. According to a press release on Monday, Blockchain. com announced it had obtained a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS) on August 1, 2023. дальше »
2023-8-8 16:00
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Singapore grants payment institution license to Blockchain.com
Blockchain.com has received a license from Singapore’s regulatory body, the Monetary Authority of Singapore (MAS). The announcement follows the previous approval that the company received in September of last year from the MAS. The new license will allow the exchange… дальше »
2023-8-8 14:59
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Singapore High Court Recognizes Crypto As Personal Property, Equates It To Fiat Money
Singapore’s High Court has ruled that crypto assets are considered property and can be held on trust in a case involving Seychelles-headquartered exchange Bybit and a former contractor. дальше »2023-7-27 12:45
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Singapore High Court rules crypto not different from fiat money or shells
Cryptocurrencies will now be viewed as property in Singapore. The high court also demystified the notion that cryptocurrencies do not hold any value. The Monetary Authority of Singapore (MAS) will implement segregation and custody requirements for digital payment tokens. дальше »
2023-7-26 14:25
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Singapore High Court Declares Crypto as Property in Case Involving Bybit
The ruling held that a crypto asset is a “thing in action” enforceable via court orders. дальше »
2023-7-26 11:08
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Singapore’s Temasek is ‘not comfortable’ investing in crypto firms: here’s why
Temasek is reluctant investing in crypto firms due to regulatory uncertainty. Its CIO Rohit Sipahimalani discussed the crypto market with CNBC today. Temasek also recorded its worst returns since 2016 on Tuesday morning. дальше »
2023-7-12 02:29
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Singapore bank DBS allows e-CNY settlements
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. дальше »
2023-7-5 12:27
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Singapore to mandate crypto exchanges store client funds in a trust
Singaporean authorities have drafted plans to make it mandatory for crypto exchanges to store their customers' funds in a trust. The legislation will take effect before the end of the year. дальше »
2023-7-3 18:37
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Crypto.com receives regulatory approval to offer crypto services in Spain
The latest regulatory approval for the crypto exchange comes within weeks of acquiring a major payment institution license from regulators in Singapore. дальше »
2023-6-23 13:55
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Singapore takes the lead in establishing norms for ‘designated’ digital currency
Singapore's central bank, the Monetary Authority of Singapore, has unveiled a proposed common protocol aimed at establishing clear conditions for the utilization of digital currencies. дальше »
2023-6-22 22:58
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Singapore MAS proposes digital money standards with major industry players
The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins. дальше »
2023-6-21 17:13
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USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle approval in November 2022. дальше »
2023-6-7 21:42
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Circle receives digital token license in Singapore
Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated… дальше »
2023-6-7 15:16
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Stablecoin Issuer Circle Receives Digital Token License in Singapore
The issuer of USDC received in-principle approval in November last year. дальше »
2023-6-7 10:16
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JP Morgan exec discusses future of crypto at Money20/20
In a recent panel discussion at the Money20/20 event, two leading figures in the crypto industry, Basak Toprak, executive director of EMEA head of Coin Systems and Onyx at JPMorgan, and Mauricio Magaldi, global strategy director, Crypto at 11:FS, shared… дальше »
2023-6-6 17:00
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Crypto.com Secures “Major” Operational License in Singapore
Top crypto trading platform Crypto. com has received what it describes as a major Payment Institution (MPI) License from the Monetary Authority of Singapore. In a blog post on 1 June, the exchange said the license is for Digital Payment Token (DPT) services. дальше »
2023-6-5 16:28
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Crypto.com completes its licensing process in Singapore
Crypto. com received an in-principle approval in Singapore last June. Coinbase and Blockchain. com are the other exchanges that have received in-principle approval in Singapore. Crypto. com has now been awarded Digital Token License in Singapore. дальше »
2023-6-1 13:23
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Singapore’s MAS grants license to Crypto.com
Crypto. com exchange has successfully obtained its major payment institution (MPI) license from the Monetary Authority of Singapore. With the permit, Crypto. com will expand its operations and product offerings nationwide. дальше »
2023-6-1 13:22
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Crypto.com Receives Digital Token License in Singapore
The exchange received in-principle approval in Singapore last June. дальше »
2023-6-1 11:30
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