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Singapore Reviewing Legislation on Crypto, Following Devastating Effects of Terra Crash

Singaporean authorities are currently reviewing stablecoin legislation in the country in an attempt to better safeguard investors’ funds. This comes at a period when investors are nursing the injuries inflicted by the TerraUSD (UST) crash which saw billions in funds disappear into thin air on a global scale. MAS chairman says the economy is not […] дальше »

2022-8-5 16:36


Singapore Taking Slow Approach to Crypto Adoption; Won’t Become an ‘Overnight Crypto Hub’

Singapore has been seen as a favorable crypto destination until the country's regulator's started tightening the rules around virtual assets. But, despite facing competition from regions like Dubai, the authorities have stated that they will "chart their own path" and not "react to what other countries are doing. дальше »

2022-5-29 14:20


Pushing Russia out of crypto one country at a time: Singapore, Switzerland and Japan will join in the sanctions

Ukraine’s call on banning Russians from the crypto market was rejected by crypto exchange giants like Binance and Coinbase unless law required it. The post Pushing Russia out of crypto one country at a time: Singapore, Switzerland and Japan will join in the sanctions appeared first on CryptoSlate. дальше »

2022-3-5 17:31


Binance and Coinbase Apply for a License in Singapore, Total Applicants Halved from Last Year

Both Binance and Coinbase’s Singapore units are among 70 applicants for a license to provide cryptocurrency services in the country. According to the central bank Monetary Authority of Singapore’s (MAS) website, the number of firms operating with an exemption while their application is processed has now declined from 170 that last year applied for a […] The post Binance and Coinbase Apply for a License in Singapore, Total Applicants Halved from Last Year first appeared on BitcoinExchangeGuide. дальше »

2021-11-12 18:43


Monetary Authority of Singapore Grants Two Licenses to Offer Digital Payment Token Services

Singapore has granted licenses to DBS Vickers, the brokerage arm of DBS Bank Ltd. , and the Australian crypto exchange Independent Reserve to offer digital payment token services. Both the firms were granted an “in principle” approval from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act in the past two months. дальше »

2021-10-2 23:15


Binance takes another hit, this time in Singapore, suspended offerings include SGD trading pairs

Another regulatory hammer struck Binance after the country's Central Bank put the exchange on an "Investor Alert List." The Central Bank ordered Binance to stop soliciting trades for the Singapore resThe post Binance takes another hit, this time in Singapore, suspended offerings include SGD trading pairs appeared first on AMBCrypto. дальше »

2021-9-5 18:30


Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies

Singapore’s DBS Bank is the latest to receive approval “in principle” from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act. DBS Vickers, the bank's brokerage arm, is the one that received the go-ahead from the country’s financial regulator to begin offering crypto services directly to companies and asset managers via its […] The post Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies first appeared on BitcoinExchangeGuide. дальше »

2021-8-13 19:11


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Singapore Based BitXmi Exchange Offers Exciting Features to Global Userbase

The BitXmi exchange continues to grow in popularity both in its home country of Singapore, and with customers around the world. This is thanks in large part to their commitment to lower overall fees, an excellent selection of top tradable assets, and a growing number of exciting features that they are offering. If you haven’tRead More дальше »

2021-3-16 16:22


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. дальше »

2020-2-17 20:06


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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). дальше »

2020-1-28 12:31


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Singapore’s Central Bank Warns Citizens Against Cryptocurrency Exchange Scam

The Monetary Authority of Singapore (MAS), the apex bank of the country, has warned investors to be wary of a scam bitcoin investment website that has been soliciting for funds from members of the public by using false statements purportedly made by Goh Chok Tong, the former Prime Minister of Singapore, according to a pressRead MoreRead More. дальше »

2019-8-1 01:00


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Singapore Could Embrace Bitcoin First, Pompliano Tells CNBC

Singapore could be the first country in the world to embrace Bitcoin, one of cryptocurrency’s best-known commentators has told mainstream media.   Singapore Saying ‘Bring It On!’ Speaking on CNBC’s Squawk Box segment July 30, Anthony Pompliano, co-founder of Morgan Creek Digital, said Singapore’s proactive stance on regulation could leave the rest of the world racing to catch up. дальше »

2019-7-30 20:00


PwC Corporate Tax Partner: Singapore To Benefit Crypto Businesses By Cutting Taxes

Singapore is currently making a move that may help the local crypto community a lot. The country is planning to exempt some digital currencies from a tax called Good and Services Tax. The idea is that this could benefit several crypto-related businesses and help the growth of the industry in the country. An expert from […] дальше »

2019-7-30 06:17