Cryptocoins News / Blockchain - 2 years ago
Blockchain Association Singapore (BAS) and statutory board JTC have signed a Memorandum of Understanding (MOU) to collaborate in co-developing and nurturing a virtual blockchain ecosystem.
The virtual blockchain ecosystem will be at the Punggol Dig...
Cryptocoins News / Blockchain - 2 years ago
The Monetary Authority of Singapore (MAS) has Project Guardian. This sandbox initiative is set to explore a number of defined use cases with respect to asset tokenisation on the .
Project Guardian was floated in partnership with DBS Bank, JPMorga...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto-focused venture firm NGC Ventures has launched a new ecosystem fund dedicated to Web3 projects, underscoring heightened investor demand for startups that are contributing to the development of a decentralized internet. NGC Metaverse Ventures,...
Cryptocoins News / Blockchain - 2 years ago
Former Singapore nominated Member of Parliament Calvin Cheng announced on Monday the establishment of his non-fungible token (NFT) and fan token investment holding company, Calvin Cheng Web3 Holdings FZE, in Dubai.
The development came after the Du...
Cryptocoins News / Blockchain - 2 years ago
Digital securities token exchange ADDX raised $58 million in a Pre-Series B round on Tuesday.
The Singapore-based blockchain and smart contract-driven FinTech company said the latest funding would allow ADDX to scale its operations as the company...
Bitcoin News / Bitcoin.com - 2 years ago
The Singapore High Court has granted a court injunction which stops or blocks the sale of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that one man claims was wrongfully taken away from him.
NFT Used as Collateral
A Singapore ma...
by COINS NEWS - 2 years ago
Terra / LUNA, once in the top 10 of the crypto capitalization list, crashed more than 99% from its all-time high and its holders saw their portfolio being destroyed in a few days. This event caused a general cryptocurrency bloodbath as a reacti...
Bitcoin News / Bitcoinist - 2 years ago
Singapore was once a haven for cryptocurrency enthusiasts but now the government is tightening its reins and restricting the use of digital assets. Nonetheless, restaurants in Singapore continue to accept crypto payments despite the legislative sanct...
Bitcoin News / Bitcoinist - 2 years ago
Considering the higher risk involved in cryptocurrency, the Monetary Authority of Singapore (MAS) has tightened the procedure to approve a crypto license for digital asset providers, making the regime a “responsible global crypto hub.”
Ravi Menon, th...
Cryptocoins News / Blockchain - 2 years ago
Cake DeFi, a Singapore-based fintech platform, announced on Thursday that it has launched a new decentralized finance (DeFi) service that lets users get loans using cryptocurrencies as collateral.
The fintech firm said that the new service – which...
Bitcoin News / Bitcoin.com - 2 years ago
The Monetary Authority of Singapore (MAS), the country’s central bank and the regulator of the crypto sector, says that its licensing process for digital asset service providers needs to be stringent. “It needs to be because we want...
Cryptocoins News / The Cointelegraph - 2 years ago
As Singapore continues to play an active role in boosting crypto adoption across the Asia-Pacific region, the country’s first licensed crypto exchange Independent Reserve conducted a retail-focused survey to better understand the underlying potential...
Cryptocoins News / Blockchain - 2 years ago
Monetary Authority of Singapore Managing Director, Ravi Menon, defended Wednesday the need for strict crypto rules to assist in mitigating potential risks facing retail investors as well as the use of digital assets for money laundering and terroris...
Bitcoin News / Bitcoinist - 2 years ago
Ryde, the ride-sharing app, is ramping up its crypto payments capability with Request Finance, allowing it to expand the options for its users to top up their in-app Ryde wallets. Besides, it is also launching an NFT project.
Launched in 2014, this S...
Cryptocoins News / Blockchain - 2 years ago
Singapore-based major payment institution FOMO Pay has introduced a new cryptocurrency payment solution for retailers in the island city-state.
The new payment method will retailers in Singapore to accept digital payment tokens (DPT) - the first t...
Bitcoin News / Bitcoinist - 2 years ago
When asked about what the future looks like, many people may mention sci-fi dystopian movies such as “The Matrix” or “Ready Player One.”
As NFTs and the metaverse in the crypto space make these possible, Phemex is ready to go all-in into a futuristic...
Cryptocoins News / The Cointelegraph - 2 years ago
Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments.As per the announcement, the newly launched product is called Crypto Acc...
Cryptocoins News / Blockchain - 2 years ago
As the metaverse continues to gain momentum, HSBC Holdings, a British multinational investment bank, has established a fund to render investment opportunities to its high and ultra-high net worth investors in Singapore and Hong Kong.
Through the M...
Cryptocoins News / Blockchain - 2 years ago
Virtual Assets Service Providers (VASPs) that originate from Singapore but offer their business offerings or products abroad are now required to secure licensing from the relevant authorities, a shift in position that may soon become law as the coun...