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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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Binance appoints former Singapore exec as head of regional markets
Binance, the world's largest cryptocurrency exchange, appoints Richard Teng to lead regional markets outside the US, showcasing its rapid expansion and focus on regulatory compliance. дальше »
2023-5-30 16:26
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Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare
Temasek wrote down the entirety of its investment in FTX in November. дальше »
2023-5-29 07:21
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NY Fed and MAS publish joint CBDC cross-border payment project results
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency. дальше »
2023-5-20 22:16
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Singapore multi-family office looks to establish a digital bank in Bahrain
Whampoa Group has selected the Kingdom of Bahrain as its intended headquarters to establish a digital bank that would serve crypto companies. дальше »
2023-5-19 22:52
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Bhutan partners with Bitdeer and seeks to raise $500m
The Singapore-based cloud mining company Bitdeer has partnered with Bhutan’s investment arm to raise $500 million. Per a Bloomberg report, the funds will be used to develop carbon-free crypto-mining infrastructure in the Himalayan country. The CEO of DHI, Ujjwal Deep… дальше »
2023-5-3 14:12
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UK may have crypto regulation within a year, says senior minister
The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized.
дальше »2023-4-19 05:23
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Luno exits Singapore amid growing scrutiny, Babel extends creditor protection
Luno, a leading crypto exchange owned by the beleaguered Digital Currency Group, has shut down its operations in Singapore amid growing scrutiny surrounding the crypto industry. Despite the tightening regulations, bankrupt lender Babel has successfully extended its bankruptcy protection within… дальше »
2023-4-18 13:29
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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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Singapore Authorities Aid Banks In Investigating Potential Crypto Clients
While the crypto industry has appeared to be in need of constant access to traditional banks like never before especially following the collapse of these major crypto-friendly US banks – Silvergate, Silicon Valley, and Signature, Singapore authorities seem to not be shying away from the fact but instead look to how to make it possible. […] дальше »
2023-4-6 12:30
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Singapore to issue new guidance for banks on vetting crypto clients: Bloomberg
Singapore authorities are working with banks on new guidance for vetting crypto clients. The guidance will cover stablecoins, nonfungible tokens (NFTs) and firms providing services in payments, trading and transfers of these assets. дальше »
2023-4-6 11:44
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Kaiko relocates to Hong Kong amid city’s pro-crypto policy pivot
Kaiko, a crypto market data provider based in Paris is set to relocate its Asian headquarters from Singapore to Hong Kong, driven by the latter's efforts to cement itself as a global leader in the digital asset space. дальше »
2023-3-17 14:40
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Coinbase launches zero-fee local bank transfers in Singapore
Coinbase has rolled out free fiat deposits and withdrawals via local bank transfers for its Singaporean customers. Users can now transfer funds to and from their Coinbase accounts via Standard Chartered bank at no extra cost. Coinbase crypto exchange has… дальше »
2023-3-15 16:43
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Singapore media production firm fewStones integrates crypto payments
fewStones will diversify its payment solutions after announcing it will now accept payments in cryptocurrency for video production, animation, and photography services. дальше »
2023-3-9 22:13
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Binance Attempts To Secure License To Offer Crypto Services In Singapore Again
Binance, the world’s largest crypto exchange, is reportedly trying to secure cryptocurrency services in Singapore again. The custodial arm of the exchange plans to apply for a permit in order to start providing crypto services in Singapore. дальше »
2023-3-2 14:30
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DBS Bank Intends To Provide Crypto Trading In Hong Kong
Singapore-based bank DBS plans to apply for a license to help offer crypto trading services in Hong Kong. In recent times, Hong Kong has been embracing the crypto industry, which is why significant banks such as DBS have been planning on penetrating the market to offer other kinds of crypto services. Hong Kong has been […] дальше »
2023-2-14 23:00
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3AC founder has 'chosen to ignore his duties' by not responding to subpoena, say bankruptcy lawyers
According to the filing, Kyle Davies was “without question” aware of the subpoena posted to Twitter, citing the 3AC founder's online activity and attempts to raise funds for GTX. дальше »
2023-2-9 22:15
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Amidst Industry Turmoil Hong Kong Readies To Become Crypto Hub
Hong Kong has expressed interest in becoming a global crypto hub as it has decided to be more welcoming to crypto companies. Opening up to newer crypto companies or startups could increase crypto retail participation in Hong Kong. дальше »
2023-1-10 23:00
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Blockchain Association of Singapore pushes back on token lending prohibition
The Blockchain Association of Singapore (BAS) opposes "overly restrictive" proposal by Central Bank of Singapore. дальше »
2023-1-6 20:04
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Affyn reveals Singapore as first NEXUS World metaverse city
Singapore is Affyn’s first city in the NEXUS World metaverse. Affyn is offering 2,000 plots of Freehold Land NFTs corresponding to real places in Singapore. The NEXUS World Land NFTs launch officially on 17 December, 2022 at 12:00 UTC. дальше »
2022-12-12 18:39
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Amber Group ditches expansion plans after denying insolvency: Report
Temasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January. дальше »
2022-12-11 17:30
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Singapore banks are “high-risk” due to crypto exposure
Singapore banks generally have low exposure to cryptocurrencies. It contributes less than 0.5% to their overall risk-weighted assets. дальше »
2022-11-29 13:48
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Singapore officials facing interrogations over FTX’s collapse
Singapore’s parliament is set to question three of its ministers over the FTX blow-up, saying FTX was never licensed to operate in Singapore. дальше »
2022-11-29 13:41
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Singapore requires banks to hold $125 for every $100 Bitcoin exposure
Singapore’s senior minister Tharman Shanmugaratnam said on November 28 that banks in the country must hold $125 of capital against every $100 exposure to risky crypto assets like Bitcoin (BTC) and Ethereum (ETH). дальше »
2022-11-29 21:03
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Singapore government under fire FTX failure
Singapore’s long-serving Prime Minister, Lee Hsien Loong, and his deputy, Lawrence Wong, are reportedly facing increasing scrutiny over the fallout from the collapse of FTX. дальше »
2022-11-28 15:22
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Singapore crypto exchange, BITFRONT, is shutting down
The Singapore-based crypto exchange warned consumers via a website notice, underlining hurdles in the embryonic cryptocurrency market. дальше »
2022-11-28 15:20
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Singapore central bank explains why Binance was on its alert list, but FTX wasn’t
The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat any way, just like other national regulators. дальше »
2022-11-23 00:40
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Singapore’s watchdog says Binance placed on Investor Alert List over FTX due to unlicensed activity
The Monetary Authority of Singapore (MAS) said it placed Binance on its Investor Alert List (IAL) and not the bankrupt FTX because the former is actively looking for users in the country, while the latter is not, according to a November 21 statement. дальше »
2022-11-22 16:20
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MAS dispels Binance and FTX treatment misconceptions following the latter’s collapse
MAS stated that they listed Binance to the IAL because the exchange continued soliciting investors without a license. дальше »
2022-11-21 16:05
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Finance minister says Singapore will tighten crypto regulation
The deputy Prime Minister of Singapore, Lawrence Wong, announced that Singapore plans to tighten crypto regulations in the country following the increased financial risks involved in the sector. Singapore matches towards sanctioning crypto The deputy Prime Minister of Singapore, Lawrence… дальше »
2022-11-18 20:00
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Singapore’s MAS says FTX does not operate in the country
The Monetary Authority of Singapore (MAS) stated that the bankrupt crypto exchange FTX does not operate in the country, Wu Blockchain reported on November 14. The post Singapore’s MAS says FTX does not operate in the country appeared first on CryptoSlate. дальше »
2022-11-14 17:00
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Singapore’s Regulator Begins First Digital Asset and DeFi Pilot Program
The Monetary Authority of Singapore has announced that it has begun the first pilot test under its Project Guardian. дальше »
2022-11-3 14:30
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JPMorgan Makes First DeFi Transaction With Singapore Central Bank
JPMorgan has participated in its first ever decentralized finance transaction, in partnership with Singapore’s central bank. The post JPMorgan Makes First DeFi Transaction With Singapore Central Bank appeared first on BeInCrypto. дальше »
2022-11-3 20:45
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