Tag: Singapore

Bitcoin ETFs Face Regulatory Roadblock In Singapore

While Wall Street welcomes the first US-listed Bitcoin ETFs with open arms, Singapore remains wary. The Monetary Authority of Singapore (MAS) has thrown cold...

Key Crypto Regulation Updates From EU, Singapore, Thailand

In an era where digital currencies are becoming increasingly mainstream, regulatory bodies worldwide are updating their policies to reflect the evolving sector. The...

Upbit Scores MPI License in Singapore for Digital Payment Service

Singapore’s endorsement of digital innovation has taken another significant leap, with South Korean cryptocurrency exchange Upbit securing a Major Payment Institution (MPI) license...

Worldcoin Launches in Singapore, Amid Global Expansion

In its ongoing global expansion, Worldcoin is now offering its services to the residents of Singapore. “Individuals in Singapore can now verify their unique...

3AC Co-Founder Questioned Over Fund In Singapore Court

In a recent two-day court hearing in Singapore, Su Zhu, the co-founder of Three Arrows Capital, faced questioning over the collapse of the...

MAS Cautions Incentives For Crypto Payments In Singapore

The Monetary Authority of Singapore (MAS) has published public feedback to its proposed regulations on Digital Payment Token (DPT) service providers in Singapore....

Singapore Crypto Users Can Now Earn Passive Stablecoin Income

The Monetary Authority of Singapore (MAS) has granted in-principle licenses to issuers of stablecoins backed by the Singapore dollar (SGD) or any other...

Singapore Forms Task Forces to Combat Rising Crypto Crimes

Singapore has established task forces to tackle rising crypto crimes and other illicit activities in the field of technology. Technology has been evolving swiftly,...

Upbit Gains Conditional Approval To Continue Trading In Singapore

Cryptocurrency exchange Upbit has received in-principle approval from the Monetary Authority of Singapore (MAS) to continue offering digital asset services while awaiting full...

Sygnum Secures Major Payments & Crypto License in Singapore

Sygnum Singapore has secured a license from the Monetary Authority of Singapore (MAS) to run a crypto brokerage. The Singapore branch of the...

Singapore Tests This New Tokenised Investment With UBS

UBS Asset Management is testing a tokenized money market fund Variable Capital Company (VCC) in Singapore. The pilot uses the bank’s Tokenize smart...

Coinbase is Targeting Markets in Crypto-Friendly Singapore

America’s leading crypto exchange, Coinbase, has announced that it has received a payments license from the central bank of Singapore. The move is...

The New President of Singapore Is Not Sold on Crypto: Here’s Why

On Saturday, September 2, Singaporeans chose Tharman Shanmugaratnam as their next president. Many in the country hoped and believed he was destined to...

Singapore MAS Creates New Stablecoin Rules For Private Issuers

The Monetary Authority of Singapore (MAS) has released new rules for single-currency, non-government-issued stablecoins. Laws including capital requirements will apply to stablecoins pegged...

Singapore State Investor Temasek Named in FTX Lawsuits

The ongoing maelstrom over the collapse of the cryptocurrency exchange FTX continues to pull in more parties. One of the latest to be...