Singapore – Page 23

Singaporean investors’ appetite for crypto is key to mainstream adoption — Survey

April 29, 2022

Independent Reserve’s survey revealed a strong affinity for various financial opportunities brought forward by decentralized finance and other investment opportunities. 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 of…
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UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services to Russia + More News

April 8, 2022

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: UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services to Russia + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership

April 7, 2022

Crypto Accept allows online sellers to accept BTC and ETH before expanding to other digital assets next year. 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…
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Singapore Tightens Crypto Rules with New Law on Licenses for Virtual Asset Firms

April 5, 2022

In a bid to enforce tightened rules for crypto businesses, Singapore’s unicameral parliament has passed a law that will oblige virtual asset service providers (VASPs) to apply for licenses. The latest development extends the country’s regulations on anti-money laundering and countering the financing of terrorism, Bloomberg reported. Among others, the passed Financial Services and…
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Singapore aims to streamline financial watchdog’s authority over crypto firms

April 5, 2022

“We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets,” said Alvin Tan. The Singaporean government has approved legislation that will give the Monetary Authority of Singapore, or MAS, additional power to respond to crypto firms doing business outside the country. Records…
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DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns

April 4, 2022

The Asian banking giant DBS appears to have reeled in plans to open its crypto exchange services to retail investors – and has apparently been spooked by regulatory concerns…. Read More: DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin Investments Hit 3-Month High, Solana Outpaces Ethereum + More News

March 28, 2022

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: Bitcoin Investments Hit 3-Month High, Solana Outpaces Ethereum + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

Coinbase to track off-platform crypto transfers in Canada, Singapore, Japan

March 26, 2022

Certain Coinbase users will need to disclose recipient information when sending cryptocurrencies to non-Coinbase wallets. Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan. Effective from April 1, Coinbase users from Canada, Singapore and Japan will be required to provide additional information…
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Singaporean Court Recognizes Crypto as Property in Theft Case

March 24, 2022

The High Court of Singapore, the lower division of the country’s Supreme Court, has issued a ruling in which, for the first time, it recognizes crypto as property and grants proprietary injunctions against persons suspected of its theft…. Read More: Singaporean Court Recognizes Crypto as Property in Theft Case Read more »Pay, Trade, Buy…
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Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS

March 22, 2022

The Bank for International Settlements (BIS)’s central bank digital currency (CBDC) project, known as Project Dunbar, has created more questions than answers, the international body said today. However, establishing a global network of connected CBDC platforms still remains a goal for the bank…. Read More: Work on a Multi-CBDC Platform Has Revealed ‘More Questions…
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Tag: Singapore