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News about Singapore

Singapore Regulator Advocates 'One Regulatory System' for Crypto ... - Bitcoin News

Singapore Regulator Advocates 'One Regulatory System' for Crypto ...& & Bitcoin News

Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance

Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. In addition, he stressed that re...

University Of Singapore Invent Glove To Let You Feel Inside the Metaverse

submitted by /u/zippy1979 [link] [comments]

Staying in Singapore, can I trade using Binance?

anybody working or have stayed in Singapore? can you employ Binance net or cellular app whereas staying in Singapore if you already have an account from your house nation. my country is Philippines. hope someone can reply. thanks submitted by...

Crypto Firm Vauld Gets Creditor Protection From Singapore Court

The crypto space witnessed the bankruptcy of some firms due to the prevailing bearish trend in 2022. Without much warning, the crypto winter swept off lots of funds as the value of most crypto assets plummeted. Subsequently, many companies drowned in...

Blockchain Fest Singapore 2023 Announces Sponsorship

EMCD and Gresham International will be Blockchain Fest Singapore 2023 Sponsorship (Read More)

Singapore’s Crypto.com to Layoff 20% Of Its Global Workforce

Amid the mini bull run, massive layoffs between companies are still happening. Just in the past few weeks, a handful of crypto firms have reduced their workforce by a certain percentage, and the latest on the list today is Singapore-based cryptocurre...

Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens

The feedback was given in response to a proposed ban by the Monetary Authority of Singapore published back in October. A crypto lobbying group based in Singapore has v...

Affyn Unveils Singapore As First NEXUS World Metaverse City

In addition to its ongoing Flag sale, Affyn is advancing its NEXUS World metaverse, revealing Singapore as the inaugural metaverse city of Affyn’s NEXUS World. The first metaverse city features 2,000 plots of Freehold Land NFTs, with many more cities...

Affyn reveals Singapore as first NEXUS World metaverse city

Singapore is Affyn’s first city in the NEXUS World metaverse. Affyn is offering 2,000 plots of Freehold Land NFTs corresponding to real places in Singapore. The NEXUS World Land NFTs launch officially on 17 December, 2022 at 12:00 UTC. Affyn,...

Singapore-based crypto exchange Crypto.com has released the results of an audit on its proof-of-Reserves (PoR), showing it holds enough digital assets to cover customer balances

submitted by /u/witcherycro [link] [comments]

Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says

Despite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses. Singapore's governmen...

Singapore requires banks to hold $125 for every $100 Bitcoin exposure

submitted by /u/Migas0pt [link] [comments]

Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight - CoinDesk

Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight& & CoinDesk

FTX’s collapse throws Singapore officials under parliamentary review

Summary: Singapore’s parliament has questions for Prime Minister Lee Hsien Loong and Deputy Prime Minster Lawrence Wong after FTX blew up.Lawmakers also queried Temasek’s due diligence after the state-backed venture firm wrote off $27...

FTX collapse put the Singapore government in a parliamentary hot seat

The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the invest...

A Number of Renowned Speakers are Expected to Take Part in Blockchain Fest Singapore 2023

A Number of Renowned Speakers are Expected to Take Part in Blockchain Fest Singapore 2023 (Read More)

Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail

The Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto exchange Binance and not the collapsed crypto platform FTX. The central bank also warned that cryptocurrencies are &...

Singapore Police Investigating Crypto Platform Hodlnaut for Fraud

<p>Singapore police are investigating local cryptocurrency lending and borrowing platform, Hodlnaut, and its directors for alleged cheating and fraud.</p><p>According to the official press release of <a href="https://www.fin...

Singapore police allegedly investigate Hodlnaut

Singaporean crypto lender Hodlnaut is reportedly under investigation for cheating and fraud. Multiple complaints against the platform between August and November 2022 prompted the police to investigate the exchange's founders. Singapore police say mo...

Crypto lender Hodlnaut reportedly faces police investigation in Singapore

Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million. Singapore-based crypto lender Hodlnaut is re...

Singapore central bank explains why Binance was on its alert list, but FTX wasn’t

The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat anyway, just like other national regulators. T...

Binance Faces Examination In Singapore Following The Collapse Of FTX

The collapse of FTX crypto exchange is brewing several reactions both within and outside the crypto industry, such as the recent probe on Binance. First, from the sudden meltdown of the firm, an insolvency contagion erupted among several exchange inv...

South Korea, Singapore, Japan Top Countries Most Impacted by FTX Collapse: Report

A new analysis shows that the countries most impacted by the collapse of cryptocurrency exchange FTX are South Korea, Singapore, and Japan. Moreover, Russia, Germany, Turkey, Taiwan, India, Egypt, and Brazil also made the top 10 list of countries mo...

Singapore’s MAS: FTX Not Licensed, Protection of Local Users Impossible

<p class="MsoNormal text-align-justify">The Monetary Authority of Singapore (MAS) has clarified that it was not possible for the central bank to protect local users of the services of the beleaguered cryptocurrency exchange, FTX, as t...

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