Tag: Singapore

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Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana Mobile Stack Integration

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana Mobile Stack Integration  Read more »Sign up for e-EUR – the…
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Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report

Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect. According to a crypto media report, the platform shared its position in correspondence with partners. Bybit Reportedly Vows to ‘Not Discriminate Against Crypto…
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Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing ‘Hundreds’ of Crypto Cases, Top 10 Whitehats Made $42M

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing ‘Hundreds’ of Crypto Cases, Top 10 Whitehats Made $42M  Read more »Sign up for e-EUR – the progressive…
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Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price

On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding out in Europe. Local Report Claims South Korean Prosecutors Have…
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Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included?

Digital asset management technology METACO announced that the Union Bank of the Philippines is now live on its flagship platform Harmonize, to launch a pilot program for crypto custody and trading services for select retail customers. The pilot will include bitcoin (BTC) and ethereum (ETH)…. Read More: Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included?  Read more »Sign…
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Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says

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 activists have raised millions of dollars in digital assets to support its war effort. Singapore Says Measures Targeting Russia Apply to All…
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Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines to Launch BTC & ETH Custody & Trading

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines to Launch BTC & ETH Custody & Trading  Read more »Sign up for…
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Singapore bank DBS uses DeFi to trade FX and state securities

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 services group in Asia, is applying decentralized finance (DeFi) for a project backed by Singapore’s central bank. DBS has started a trading test of foreign exchange (FX) and government securities…
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Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won’t Provide BTC Purchase Info, Coinbase Supports Ripple Against SEC

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won’t Provide BTC Purchase Info, Coinbase Supports Ripple Against SEC  Read more »Sign up for e-EUR…
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CBDC: Indian Central Bank Begins Digital Rupee Pilot

The Reserve Bank of India (RBI), the country’s central bank, has started a pilot program of its digital currency today, in cooperation with nine banks. It also released a Concept Note on Central Bank Digital Currency (CBDC) for India. Bloomberg reported that “several lots of bonds were traded,” citing data from Clearing Corporation of India…
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