'Singapore-based' Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says

2022-7-20 18:39

Troubled "Singapore-based" crypto firms like Three Arrows Capital have little to do with local crypto regulations, said Ravi Menon, managing director of the Monetary Authority of Singapore.

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Terra – A ‘Pyramid Scheme’ – Threatens The Crypto Ecosystem, Billionaire Says

The cryptocurrency industry is currently digesting the rise and fall of Singapore-based Terraform Labs’ network token Terra (LUNA) and stablecoin TerraUSD (UST). Following the unexpected collapse of almost $45 billion in market value over the course of a week, much has been made about the project’s architecture, namely its supposedly defective algorithm, which was led […]

2022-5-19 20:20


Singapore-based Nium provides platform for crypto-as-a-service, to institutions

Payments company Nium launched the first global Crypto-as-a-Service (CaaS) solution earlier today. It will offer in-demand crypto products to financial institutions, by integrating its API-based cryptThe post Singapore-based Nium provides platform for crypto-as-a-service, to institutions appeared first on AMBCrypto.

2021-10-25 16:30


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Binance Stops Fiat Deposits, Crypto Trading, And Crypto Purchases In Singapore

Binance has restricted access for Singapore users who will no longer be able to deposit fiat, carry out spot trading, or swap tokens on its exchange, according to a Monday announcement. Binance referred to the restricted services as Regulated Payment Services, stating these as the reason for halting the services to its Singapore-based customers. “We […]

2021-9-27 17:56


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Singapore: DBS Bank Gets Regulatory Approval from MAS to Offer Crypto Services

Singapore-based DBS Bank’s brokerage arm has received “in principal” approval to begin offering crypto services to asset managers and companies. DBS Bank Launches Crypto Services According to a Coindesk report published today, major Singaporean bank DBS Bank’s brokerage arm – DBS Vickers – has finally obtained the go-ahead from the national financial regulator to offerRead More

2021-8-13 06:00


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TABANK Revolutionizing the Financial Services Sector with its One-Stop Crypto Ecosystem

With an integrated digital banking platform, TABANK, a Singapore-based crypto firm is leveraging blockchain technology to offer high quality and secure financial services solutions to a varied range of institutional as well as personal finance requirements in its One-Stop Crypto Ecosystem for All Needs Ecommerce, Wallet, Exchanges Crypto, Social network app. Also, the app is […]

2021-3-12 16:14