News about SINGAPORE

News about Singapore

Circle’s Singapore Affiliate Bags License For DPT Services

Summary: Circle Internet Singapore was granted a Major Payment Institution license from the country’s Monetary Authority (MAS).The license allows USDC’s issuer to provide local and cross-border payments and digital payment token facilities in th...

Circle Singapore Gains MAS Approval for Digital Payments Service

Stablecoin issuer Circle has cemented its presence in Asia by obtaining a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The license was awarded to the local subsidiary Circle Internet Singapore Pte. Ltd. (Cir...

3AC Co-Founder Su Zhu is in Singapore. Why haven’t the authorities done anything?

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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. A ye...

Crypto.com joins ranks of licensed payment institutions in Singapore

Singapore’s Crypto.com expands its regulatory achievements by securing a license for digital payment token services. The Singapore-based cryptocurrency exchange, Crypt...

Crypto.com Gains Singapore License; Gemini Eyes the UAE

Cryptocurrency exchanges are running after licenses as Crypto.com became the latest to receive a license in Singapore, while Winklevoss twins’ Gemini is seeking to apply for one in the United Arab Emirates. Crypto.com Cements Singapore PresenceCrypto...

Singapore’s Temasek Cuts Compensation for Those Who Recommended Investment in FTX | Coingape | Headlines | News | CoinMarketCap

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Singapore-US digital cross-border payment trial shows potential, but scaling up needed [CBDC]

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Singaporean family office to set up digital bank in Bahrain

Whampoa Group started its digital asset arm in 2021 and has invested in a $500 million Binance Labs fund along with TikTok parent ByteDance. The Whampoa Group, a famil...

Researchers in Singapore design new ‘more efficient’ DAO scheme

Scientists at Singapore University of Social Sciences created a novel DAO voting/governance scheme after reviewing current methods. A team of researchers at the Singa...

Three Arrows Founder Su Zhu Obtains Singapore Restraining Order Against Arthur Hayes Over 'Harassment'. Su Zhu Owes Hayes $6M

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China and Singapore establish task force for green finance cooperation

China and Singapore have formed a task force to collaborate on green and transition finance initiatives. The China-Singapore Green Finance Taskforce (GFTF) will focus on developing financial standards, products, and technologies to support a low-carb...

China and Singapore team up to scale green and transition financing

China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and...

Zipmex Requests Moratorium Extension in Singapore

Cryptocurrency exchange Zipmex has requested an extension of its moratorium on debt in Singapore due to liquidity issues. The company plans to use the extra time to reopen withdrawals on its Z Wallet platform. (Read More)

Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager - CoinDesk

Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager& & CoinDesk

Zipmex requests 2-month extension from Singapore court for restructuring plan

A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief amid reported liquidity issues. Cryptocurrency ex...

Luno Closes Curtain on Singapore as Kraken Secures Irish Registration

Luna, a Digital Currency Group-owned cryptocurrency exchange, is winding down its operations in Singapore. On Monday, the London-based exchange said it will stop offering its services in the Southeast Asian country starting from June 20, 2023. Luno’s...

Crypto lender Babel gets extended creditor protection in Singapore

Hong Kong-based Babel Finance will have more than a year to repay debts to its creditors after suspending withdrawals in June 2022. Troubled cryptocurrency lending fir...

Terra founder Do Kwon loses bid to block US from seeking Singapore records

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China and Singapore deepen crypto involvement as U.S. banks shun the industry

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Singapore Regulators and Banks Develop Crypto Customer Screening Standards

Singapore's monetary authority and police forces are collaborating with traditional banks to optimize their procedures for opening accounts for digital asset service providers. After six months, results and conclusions for risk management and due dil...

Singapore Authorities Aid Banks In Investigating Potential Crypto Clients

While the crypto industry has appeared to be in need of constant access to traditional banks like never before especially following the collapse of these major crypto-friendly US banks – Silvergate, Silicon Valley, and Signature, Singapore authoritie...

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