Bitcoin News / Bitcoinist - 2 years ago
The FTX collapse might prove to be the biggest disaster in the history of cryptocurrency. Since the news of the exchange’s insolvency issue, a lot has happened in the industry. The fallout spread like wildfire across the crypto space, causing a...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
FTX has an estimated $8 billion hole in its balance sheet. Investors desperate to get their money back are being targeted by phishing scams. The Singapore Police For...
Cryptocoins News / Blockchain - 2 years ago
Singapore police warn against fake websites claiming to be hosted by the U.S. Department of Justice. The websites claim to be able to recover funds from now-bankrupt cryptocurrency exchange FTX. An estimated 1 million investors and creditors have bee...
Bitcoin News / Bitcoinist - 2 years ago
Temasek, a Singapore-based global investment company possessing a portfolio that is worth $403 billion, is no longer interested in waiting for the outcome of FTX crypto exchange’s Chapter 11 bankruptcy filing. According to a statement released by the...
Bitcoin News / Bitcoin.com - 2 years ago
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-Fried … would appear to have been mispl...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Singapore’s state-owned investor, Temasek Holdings announced on Thursday that it would be writing off its entire $275 million investment into the collapsed cryptocurrency exchange, <a href="https://www.financemagnates.com/cryptocurre...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions. The New York Innovation Center (NYIC...
Bitcoin News / Bitcoin.com - 2 years ago
According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state i...
Cryptocoins News / The Cointelegraph - 2 years ago
Temasek invested in a series of FTX’s round findings that led to its $32 billion valuation in January. Singapore’s state-owned investment firm Temasek, a shareholder a...
Cryptocoins News / NewsBTC - 2 years ago
There could be a surprising twist in the drama surrounding Sam Bankman-Fried’s insolvent crypto exchange FTX. As reported by The Straits Times, a possible government takeover by Singaporean state investor Temasek could be on the table. The grou...
by COINS NEWS - 2 years ago
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Cryptocoins News / Blockchain - 2 years ago
Armstrong seems to say that Singapore can’t become a Web3 hub while doing away with cryptocurrency. (Read More)
More / Bitcoin Reddit - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
In a recent development, the stablecoin issuers Circle and Paxos have received approvals in Singapore. According to the report, the Monetary Authority of Singapore (MAS) signed the licenses for the firms. Regulatory licenses and approvals have become...
Bitcoin News / Bitcoin.com - 2 years ago
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activi...
Cryptocoins News / Finance Magnates - 2 years ago
<p> Paxos, a cryptocurrency trading and custody platform, announced on Wednesday that Paxos Global Pte Ltd had acquired a license from the Monetary Authority of Singapore (MAS). Under the new license, <a href="https://www.financemagnat...
by COINS NEWS - 2 years ago
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Cryptocoins News / EthereumWorldNews - 2 years ago
Circle and Paxos have received regulatory approval to operate in Singapore. The approvals will allow both of these companies to offer crypto-related services in the region. Stablecoin issuers Circle and Paxos have won approvals for their res...
Cryptocoins News / The Cointelegraph - 2 years ago
The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory hurdles for digital asset service providers....
Cryptocoins News / The Cointelegraph - 2 years ago
Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore. DBS Bank, a major financial service...
by COINS NEWS - 2 years ago
submitted by /u/reggie_morris [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
The Monetary Authority of Singapore will trial a retail central bank digital currency in various contexts at a fintech event, despite the electronic payment options already available....
