News about SINGAPORE

News about Singapore

Singapore authorities block Polymarket, citing unlicensed gambling services

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Singapore Refines Crypto Regulations, Strengthening Lead as Asia’s Top Digital Asset Hub

Singapore is solidifying its lead as Asia’s top crypto hub, with expanding regulations and a surge in licensed institutions drawing major global digital asset firms. Singapore Strengthens Position as a Crypto Powerhouse Singapore is reinforcing its s...

Ripple’s Stablecoin Hits Singapore – Regulated Exchange Brings RLUSD to Transform Markets

Ripple’s USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless...

Singapore, Hong Kong stand out among blockchain heavyweights

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Singapore Takes the Lead Over Hong Kong in Asia’s Crypto Hub Race – Here’s Why

A recent Bloomberg report has revealed that in 2024, Singapore was able to solidify its position as a leading digital asset hub in Asia, surpassing Hong Kong in “regulatory efficiency and appeal” to crypto firms. Particularly, the city-st...

Singapore’s Bumpy Bitcoin Ride Is Paying Off, for Now - Bloomberg

Singapore’s Bumpy Bitcoin Ride Is Paying Off, for Now& & Bloomberg

Singapore’s dtcpay will drop Bitcoin and Ethereum in favor of stablecoins in 2025 - crypto.news

Singapore’s dtcpay will drop Bitcoin and Ethereum in favor of stablecoins in 2025& & crypto.news

Singaporean Accused Of $230M Crypto Scam Seeks ‘Speedy Trial’ In US—Details

A 20-year-old Singaporean, Malone Lam, has requested a “speedy trial” in a US court, following charges of stealing roughly $230 million in cryptocurrency. Lam appeared before a judge in Washington, D.C., to discuss evidence disclosure during the pre-...

Deutsche central bank joins Singapore’s Project Guardian to advance tokenization, digital funds

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Coinbase debuts engineering hub in Singapore to empower local crypto community

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Singapore Regulator Unveils Plan to Develop, Commercialize Tokenized Assets

The Monetary Authority of Singapore (MAS) is advancing tokenization in financial services by launching Project Guardian, a collaborative initiative involving major financial institutions to develop and commercialize tokenized assets, including fixed...

Singapore MAS Announces Plans to Boost Asset Tokenization in Finance

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3AC Founder’s Wife Cashes Out With $38.5 Million Singapore Mansion Sale

A report revealed that the spouse of one of the co-founders of the now-defunct Three Arrows Capital, or 3AC, sold one of their luxurious mansions in Singapore. Property Sale Despite Asset Freeze Reports disclosed that 3AC co-founder Zhu Su’s wife, T...

Paxos Partners With Singapore’s DBS To Launch New Stablecoin

Blockchain infrastructure company Paxos, in conjunction with Singaporean bank DBS, has introduced a new stablecoin known as Global Dollar (USDG). This development comes four months after Paxos secured approval to offer digital payment token services...

Singapore Grants Gemini Crypto Expansion Wish—Is Asia The Next Big Crypto Hub?

An American cryptocurrency exchange is set to enter the Singaporean market as it strengthens its presence in Asia. Singaporean regulatory authorities have given the go-signal to the Gemini crypto platform to offer its services to its Southeast Asian...

Fly Wing Secures In-Principle Approval for Major Payment License in Singapore

Fly Wing Technologies, a Matrixport subsidiary, receives in-principle approval from Singapore's MAS for a Major Payment Institution License, enhancing its position in digital payment services. (Read More)

What Singapore should do for Token Regulation: My Suggestions for Proposed DTSPs Framework

Singapore has consistently positioned itself as a forward-thinking jurisdiction, balancing innovation with robust regulatory oversight. As a fellow Singaporean, I am very proud of its future planning.The Monetary Authority of Singapore (MAS) is seeki...

How a Singaporean man allegedly stole US$230 million in cryptocurrency and what he spent it on

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Singaporean Exchange Fairdesk Announces Plan To Shut Down – Details

Singaporean cryptocurrency exchange Fairdesk has unveiled plans to wind down its operations in the coming month. This move comes as a surprise, as there had been no prior indications of difficulties facing the platform. However, it aligns with a broa...

Customers can now use Bitcoin to pay for five star hotel Capella Singapore

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XSGD, Singapore’s First Dollar-Backed Stablecoin, Launches on Bitstamp to Power Cross-Border Payments

Singapore, Singapore, October 8th, 2024, Chainwire Bitstamp has listed a Singapore Dollar-pegged stablecoin, XSGD, for the first time The partnership between StraitsX and Bitstamp means users can now seamlessly send and receive the SGD-backed stable...

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