Could Hong Kong Replace Singapore as a Regional Crypto Hub?

With Singapore tightening crypto exchange regulations, Hong Kong is positioning itself as a growing hub for investment and market activity, potentially attracting firms seeking a compliant base. The post Could Hong Kong Replace Singapore as a Regional Crypto Hub? appeared first on BeInCrypto.

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Singapore expands crypto rules, now covers custody and payments

Singapore's financial regulator has released an expansion to its crypto framework.

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Another crypto exchange receives regulatory node in Singapore

Singapore has granted MPI licenses to 14 virtual asset firms so far. The Southeast nation recently emerged as a leading crypto hub as per a report. Singapore recently granted an in-principalThe post Another crypto exchange receives regulatory node in Singapore appeared first on AMBCrypto.

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Singapore pushes into crypto regulation with new stablecoin framework

The central bank would label these crypto tokens as MAS-regulated stablecoins. This way users would be able to distinguish these coins from non-regulated stablecoins. Singapore’s central bThe post Singapore pushes into crypto regulation with new stablecoin framework appeared first on AMBCrypto.

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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.

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Singapore Crypto Group Speaks Out Against MAS Token Lending Ban

The principal cryptocurrency lobbying association in Singapore has been critical of the central bank’s crypto proposals, calling them “overly restrictive.” The post Singapore Crypto Group Speaks Out Against MAS Token Lending Ban appeared first on BeInCrypto.

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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…

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Singapore Central Bank Proposes Stablecoin Rules to Rein In Crypto Sector

In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets.

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Crypto Lender Hodlnaut Applies for Creditor Protection in Singapore

Crypto lending platform Hodlnaut has filed an application to be put under creditor protection in Singapore.

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Singapore's financial watchdog considers further restrictions on crypto

The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions.

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Singapore’s changed stance on crypto

As recently as last year, Singapore was positioning itself to become a global crypto hub.

The post Singapore’s changed stance on crypto appeared first on CryptoSlate.

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Singapore Will Crack Down on Bad Crypto Behavior: Report

Singapore will be “brutal and unrelentingly hard” on bad behavior in the crypto industry Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore, said.

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Singapore ready to 'lead,' when a crypto economy 'takes off'

Ravi Menon, Managing Director of Monetary Authority of Singapore, revealed in an interview with Bloomberg that the nation-state wants to lead the crypto race. As reported earlier, Singapore had turThe post Singapore ready to 'lead,' when a crypto economy 'takes off' appeared first on AMBCrypto.

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Binance blocks fiat deposits and spot crypto trading for Singapore users

The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny.

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This is what an average Bitcoin and crypto investor in Singapore looks like

Singapore is the forerunner in the race to become the blockchain centre of the world’s largest continent. As crypto adoption gains traction worldwide, Singapore is leading the way with 67% of the poThe post This is what an average Bitcoin and crypto investor in Singapore looks like appeared first on AMBCrypto.

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Singapore’s Regulatory Watchdog Warns Against Crypto Investment

The Monetary Authority of Singapore (MAS) is the latest regulatory body to issue a warning to the public against the risks involved in cryptocurrency investment, as the crypto market is witnessing increased interest from retail and institutional investors amid the current bull cycle.

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Singapore warns citizens against the use of unregulated crypto platforms

The cryptocurrency space has been gaining momentum over the past couple of years. While many countries have acted as a guardian of the space, some have absolutely shunned the technology. Singapore hasThe post Singapore warns citizens against the use of unregulated crypto platforms appeared first on AMBCrypto.

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Singapore: Code of Practice Offers Practical Guidance for Crypto License Applications

Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements.

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Crypto Exchange OKCoin Opens Shop in Singapore, Adds SGD Onramp

OKCoin traders in Singapore can now buy Bitcoin and Ether using Singapore dollars (SGD). The move is followed by the exchange opening offices in one of the most crypto-friendly jurisdictions...The post Crypto Exchange OKCoin Opens Shop in Singapore, Adds SGD Onramp appeared first on Crypto Briefing.

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Nearly 15 Governments to Cooperate in Creating a Worldwide Crypto Monitoring System To Fight Money Laundering

Governments of about 15 countries seek to establish a new system of cooperation that would enable them to collect and share with each other personal information on people who transact in cryptocurrencies, Nikkei Asian Review reports.

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FATF To Lead 15-Nation Crypto Monitoring System

The Financial Action Task Force, an international money laundering watchdog, will lead a project with 15 other nations that will work to catch the movement of crypto funds used for illicit purposes.

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Bithumb Cryptocurrency Exchange Will Enter Singapore Market Via Local Platform BitHolic

Bithumb, a prominent South Korean cryptocurrency exchange, is set to enter the crypto market of Singapore soon. According to a local media outlet called News1 Korea, the company has acquired a regulated company in the country to buy its entrance in the market.

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SEC’s “Crypto Mom” Eager to Offer Regulated Platform for the Sale and Issuance of Tokens and Cryptocurrencies

At the Convergence Forum held at the Singapore University of Social Sciences (SUSS), the SEC Commissioner, Hester Peirce, declared her desire to offer a non-exclusive safe harbor for the exchange of tokens and coins.

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US SEC Commissioner Supports Creation of Non-Exclusive Safe Harbor For Crypto In Singapore

The Singapore University of Social Sciences (SUSS) recently held a convention named as the Convergence Forum. The tech event had several panel discussions and officials from around the world. The most important presence there was possibly the U.

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Potential Crypto Tax Cuts Could Boost Singapore Businesses

Coinspeaker Potential Crypto Tax Cuts Could Boost Singapore BusinessesMultinational professional services firm and one of the ‘Big Four’ auditors, PwC, praises Singapore’s move to exempt cryptocurrencies and digital tokens from sales tax when used to pay for goods and services.

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From Belarus to Bahrain and Singapore: Small Nations Enthusiastic About Crypto

Coinspeaker From Belarus to Bahrain and Singapore: Small Nations Enthusiastic About CryptoA number of new players in the industry are creating an alternative option by drafting specific rules and regulations for cryptocurrency.

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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 […]

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The Outstanding Financial Event: Crypto Expo Singapore -2019

Crypto gurus, investors, mentors, and successful crypto companies will join us at one of the major events in the financial world. Plan an exciting journey to the latest crypto developments and well-tried strategies from its founders in Singapore on October 26, 2019.

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1X Exchange Lists ETH Security Token, Aggregate Asset Management (AAM), in Singapore

1X crypto exchange is heading to Singapore, where it aims to conquer the market and offer digital asset investors an array of digital token-fiat trade pairs. With plans to concentrate on supporting digital security tokens of private firms, the platform will permit payments made using the local currency. Basically, the exchange is confident that this […]

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Crypto Expo Singapore 2019: Blockchain, Cryptocurrency and IEO Event

Coinspeaker Crypto Expo Singapore 2019: Blockchain, Cryptocurrency and IEO EventNumber one international blockchain, cryptocurrency and ICO event in Singapore.Crypto Expo Singapore 2019: Blockchain, Cryptocurrency and IEO Event

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How 10 Countries Respond to Facebook’s Libra Cryptocurrency

A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U. K. , and the U. S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements.

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Singapore to Exempt Bitcoin from Goods and Services Tax

The U. S. is increasingly running the risk of being left behind other nations unless its authorities soon address issues surrounding Bitcoin. One of the main problems facing the cryptocurrency is tax treatment.

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Singapore’s inland revenue authority releases new draft on GST for crypto

The Inland Revenue Authority of Singapore (IRAS) recently published a draft guide that detailed the conduct of goods and services tax (GST) towards cryptocurrency transactions, since there has been an increase in the use of cryptocurrencies as a mode of payment.

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What Is Zerobank? Introduction to ZB Token

What Is Zerobank? Zerobank is a multipurpose cryptocurrency platform designed for financial applications, like storing, spending, and trading coins and tokens. The Vietnam-based project is created by Zero Exchange, LTD, which also has offices in the U.

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Singapore’s Central Bank Wants More Information on Facebook’s Libra Crypto

The Monetary Authority of Singapore reportedly has concerns over Facebook's recently unveiled cryptocurrency project, Libra.

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Singapore Exchange Bitrue Hacked for Over $4 Million in Crypto

Bitrue was hacked early Thursday morning for over $4 million in XRP and cardano. Users who experienced losses will be refunded, it says.

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Bitrue Crypto Exchange Hacked: 9.3M Ripple (XRP), 2.5M Cardano (ADA) Stolen; Funds Insured

We were led to believe that the crypto infrastructure is becoming more secure, but it seems that hackers always see to be a step ahead when it comes to finding security vulnerabilities. Just after a month of the infamous Binance hack, Bitrue becomes the most recent victim.

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Arax Cryptocurrency Wallet and COSS.io Announce World’s First Token Merger, and Create a Crypto One Stop Solution

June 2019, SINGAPORE –  Arax, a fintech and blockchain startup in Singapore has merged with COSS, one of Singapore’s most established cryptocurrency exchanges. The unified brand will be known as COSS – Crypto One Stop Solution.

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Why Japan’s Biggest Messenger is Launching a Crypto Exchange For 80 Million Users

By CCN Markets: Line, the most widely utilized messaging application in Japan with more than 80 million users is set to receive approval from Japan’s Financial Services Agency as early as June to launch a crypto exchange, according to a Bloomberg report.

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“Insane Valuation”: Algorand $60M Token Auction Implies $24bn Value

A new Proof-of-Stake blockchain protocol raised more than $60M in a token sale held in Singapore today. Algorand sold 25M Algos – its native token – in the first of a series of sales that will allow tokens to gradually enter circulation.

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Blockchain Giants, Arax Wallet and COSS are Merging to Create a ‘Crypto One-Stop Solution’

Foremost blockchain platform Arax Wallet Announced its effective partnership with Singapore based Cryptocurrency exchanges COSS. The partnership will be directed towards creating a one-stop solution, with the token swap expected to take place on June 25, 2019.

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Arax Cryptocurrency Wallet and COSS.io Announce World’s First Token Merger, and Create a Crypto One Stop Solution

Bitcoin Press Release: Blockchain giants Arax Wallet and COSS are merging to create a ‘crypto one-stop solution’, with the token swap to take place on June 25th, 2019. 16 June 2019, SINGAPORE –  Arax, a fintech and blockchain startup in Singapore has merged with COSS, one of Singapore’s most established cryptocurrency exchanges.

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Singapore’s Arax Wallet merges with crypto exchange company COSS

Arax, a fintech and blockchain startup in Singapore, today announced it has merged with COSS, one of Singapore’s oldest and most resilient cryptocurrency exchanges. The unified brand will be known as COSS – Crypto One Stop Solution.

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Crypto Expo Asia -2019 Dive Into The World Of Crypto

When – October 26, 2019 Where – Marina Bay Sands Convention Centre https://singapore. cryptoexpo. asia/ The secrets of a global phenomenon – crypto-world – is going to be revealed during Crypto Expo Asia, Singapore in Marina Bay Sands Convention Centre on the 26th of October.

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Crypto Expo Asia 2019: Dive Into The World Of Crypto

Coinspeaker Crypto Expo Asia 2019: Dive Into The World Of CryptoCrypto Expo Asia 2019 promises to become the biggest crypto and blockchain forum-conference in Singapore.Crypto Expo Asia 2019: Dive Into The World Of Crypto

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Crypto Expo Asia -2019, Crypto-Event That Can’t Be Missed

When – October 26, 2019 Where – Marina Bay Sands Convention Centre https://singapore.cryptoexpo.asia/ 1 Open Workshop space, 1 Open seminar space, 1 large Crypto Hall and Traders Hall! 8 hours of seminars from top-experts at each of them!   Big financial and crypto companies which are ready to present their products, new technologies and the […] The post Crypto Expo Asia -2019, Crypto-Event That Can’t Be Missed appeared first on ZyCrypto.

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PR: TRCE – Crypto Exchange Set To Launch In Q4 2019

The Real Cryptocurrency Exchange (TRCE) is a Seychelles Cryptocurrency company headquartered in Buenos Aires, Argentina (2019) with plans to open offices in Spain (2020) and Singapore (2021). The mission at TRCE is to reduce the access gap in the Cryptocurrency Market worldwide, primarily focusing on emerging markets.

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IEOs parade continues: Bitrue (BTR)

Crypto exchange Bitrue, with headquarters in Singapore and Taiwan, conducts a presale of its token Bitrue Coin (BTR). Plus Bounty, which includes 400 K BTR ($ 20 K). Feed the piggy Presale has already begun.

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Blockchain Propulsion: New Crypto Valley based accelerator program launches

CryptoNinjas An international team of experienced blockchain entrepreneurs has joined forces to launch Blockchain Propulsion – a global accelerator program headquartered in Crypto Valley with ‘Propulsion Hubs’ in Switzerland, Brazil, UAE, India, and China.

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