2023-11-27 22:10 |
In response to the growing influence of cryptocurrencies, Singapore MAS has released the final tranche of regulations for Digital Payment Token (DPT) service providers.
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Singaporean digital payment provider dtcpay announced that it will exclusively support stablecoins for its payment services by 2025, dropping Bitcoin and Ethereum in the process. In a recent X post, dtcpay announced that it will begin to strategically shift its…
The proposal is currently under a six-week consultation period.
The launch comes after the firm became a Major Payment Institution in August.
Genius Group’s shares were up 8. 5% after the Singapore-based firm announced it had invested $14 million to expand its Bitcoin portfolio. Artificial intelligence firm Genius Group announced in a Nov.
Crypto custodian BitGo has announced the launch of its Singaporean subsidiary following obtaining a local license from the Monetary Authority of Singapore. On Thursday, Nov. 21, crypto custody firm BitGo announced the launch of a Singapore subsidiary to provide trading…
BlackRock’s Bitcoin ETF options debut on Nasdaq is set to bring a new “wave of institutional investors” to the crypto market, analysts at QCP Capital say. Options on the iShares Bitcoin Trust could attract a new “wave of institutional investors,”…
Cryptocurrency exchange OKX now enables customers to deposit and withdraw Singapore dollars without any fees via PayNow and Fast and Secure Transfers. Crypto exchange OKX said in a press release on Monday, Nov.