Singapore’s central bank, the Monetary Authority of Singapore (MAS), has barred the founders of Three Arrows Capital, Zhu Su and Kyle Livingston Davies from participating in financial markets within the city-state for a period of nine years. Three Arrows Capital was among the first top cryptocurrency firms to succumb to insolvency after the dramatic crash…
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Circle Internet Financial, global payments firm behind the USDC stablecoin, has announced a partnership with ride-hailing giant Grab to pilot a Web3 blockchain-based wallet in Singapore. Grab’s Singapore-based users can create a blockchain-enabled wallet named the “Grab Web3 Wallet” to earn rewards and collect non-fungible token (NFT) vouchers, ushering them into the world of digital…
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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: Today in Crypto: BNB Chain Developers Reveal Public Launch of opBNB’s Mainnet, Nansen Launches New AI-Powered Version, Ripple Will do 80% of Hiring This Year Outside the US Read more »Sign…
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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: Today in Crypto: Elderly Women Accuse US Man’s ‘Bitcoin Exchange’ of Scam, DigiFT Launches ‘First Regulatory-Compliant Ethereum Staking Token’, Qredo Wallet Integrates USDC Read more »Sign up for e-EUR – the…
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Zodia Custody, a subsidiary of Standard Chartered, has officially launched its digital asset custody services for financial institutions in Singapore. The company aims to cater to the growing demand from institutions seeking bank-grade custody solutions for digital assets in the Asia-Pacific region, CNBC reported. … Read More: Standard Chartered’s Crypto Subsidiary Zodia Custody Launches in Singapore…
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America’s leading cryptocurrency exchange, Coinbase, plans to expand its business in jurisdictions that are adopting clear regulations for the sector. These include markets in Europe, Asia and the Americas as opposed to the United States which, the company says, is enforcing existing rules and new regulation through courts. Coinbase Eyes ‘Crypto-Forward Markets’ Like EU, Singapore,…
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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: Today in Crypto: Coinbase is in ‘Final Stages of Selecting Its EU Hub Location’, Six Projects Get Investments from Base Ecosystem Fund, LBRY Appeals SEC-related Court Decision Read more »Sign up…
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Singapore’s newly elected president, Tharman Shanmugaratnam, had once called crypto “inherently purely speculative and slightly crazy”. With 70.4% of the vote, Shanmugaratnam has become Singapore’s 9th president, succeeding Halimah Yacob, the country’s first female head of state. However, to the relief of the crypto community, the President’s role in Singapore is mostly ceremonial. … Read More:…
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Vietnam, the Philippines, and Brunei will join a QR payment system to settle cross-border payments using local currencies within the Association of Southeast Asian Nations (ASEAN) bloc. The network, already being used between Indonesia and Malaysia, aims to interconnect all ASEAN nations to reduce their dependence on the U.S. dollar. Vietnam, the Philippines, and Brunei…
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Stakeholders in New Zealand are advocating for a gradual and meticulous strategy in regulating the crypto industry in the country. On the other hand, Singapore is embracing a proactive and comprehensive regulatory stance toward stablecoins…. Read More: New Zealand is ‘Cautious’ on Crypto While Singapore Takes Proactive Approach to Regulate Stablecoins Read more »Sign up…
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