1 / 9 Relevant items tagged with #Singapore

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Bybit Payroll Heist: Nearly 10 Years in Prison for $5.7M Crypto Theft

[today 6:30 AM] A Bybit payroll fraud scheme funneled $5.7 million into a worker’s personal wallets, funding luxury splurges before authorities uncovered the deception and issued a prison sentence. Bybit Crypto Payroll Fraud Leads to Prison Sentence A…

DigiFT to Tokenize $6.3 Billion Invesco Credit Fund for Institutional Investors

[Feb 19 11:10 PM] DigiFT, a licensed blockchain exchange in Singapore, has partnered with Invesco to tokenize a $6.3 billion private credit fund, allowing accredited and institutional investors to gain exposure via USD, USDC, and USDT. This move highlights the…

Robinhood Expands Into Asia With Planned Singapore Launch in 2025

[Feb 18 10:30 PM] Robinhood plans to launch crypto trading services in Singapore by late 2025, through its Bitstamp acquisition, marking a strategic expansion into Asia’s digital asset hub. The move aligns with Singapore’s crypto-friendly regulations and Robinhood’sâ

How to buy Bitcoin in Singapore?

[Jan 28 12:55 PM] Want to buy Bitcoin in Singapore? This guide covers trusted methods, key steps and safety tips to start your crypto journey confidently.

Crypto bank Sygnum hits unicorn status with new $58M raise

[Jan 14 6:00 AM] Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream.

Singapore blocks access to Polymarket over unlicensed gambling concerns

[Jan 12 9:07 AM] Singapore-based users claim that Polymarket has been blocked, citing the Gambling Control Act 2022, which prohibits betting with unlicensed operators.

Singapore Refines Crypto Regulations, Strengthening Lead as Asia’s Top Digital Asset Hub

[Jan 2 6:30 AM] Singapore is solidifying its lead as Asia’s top crypto hub, with expanding regulations and a surge in licensed institutions drawing major global digital asset firms. Singapore Strengthens Position as a Crypto Powerhouse Singapore is reinforcing its…

Singapore, Hong Kong stand out among blockchain heavyweights

[Dec 25, 2024 8:09 PM] A composite index by ApeX Protocol ranked the most blockchain-friendly regions based on patents, jobs, and crypto exchanges.

Crypto.com taps Deutsche Bank for Asia-Pacific markets

[Dec 10, 2024 4:28 PM] The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months.

Crypto payment firm Dtcpay shifts to stablecoin-only payments model

[Dec 3, 2024 11:53 AM] By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively.

Crypto Biz: A crypto policy expert may run the SEC

[Nov 29, 2024 9:00 PM] This week’s Crypto Biz explores Singapore Gulf Bank’s plans to acquire a stablecoin firm, Binance delisting tokens, Cantor Fitzgerald’s stake in Tether and the first DOGE ETP.

AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%

[Nov 12, 2024 3:46 PM] Singapore-based artificial intelligence company Genius Group said it has adopted bitcoin as its primary treasury asset, committing 90% of its current and future reserves to be held in the largest cryptocurrency.

Chainlink, UBS Asset Management, Swift Complete Pilot to Extract Cash From Tokenized Funds

[Nov 5, 2024 4:38 PM] The pilot was run as part of the Monetary Authority of Singapore's Project Guardian.

Citigroup, Fidelity International Unveil Proposal for On-Chain Fund With Real-Time FX Swaps

[Nov 4, 2024 10:07 AM]

Singapore Pushes for Commercialization of Tokenization

[Nov 4, 2024 5:47 AM] The regulator has seen strong interest in tokenization among the fixed income, FX and asset management sectors.

Temasek-backed blockchain VC firm to start new investment fund: Report

[Nov 1, 2024 5:15 PM] Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion.

Paxos launches USD-backed USDG stablecoin with DBS Bank

[Nov 1, 2024 8:12 AM] Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework.

Gemini crypto exchange receives preliminary approval in Singapore

[Oct 29, 2024 11:17 AM] Gemini has received in-principle approval for a Major Payment Institution license in Singapore. 

Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says

[Oct 25, 2024 4:30 AM] A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that…

Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director

[Oct 23, 2024 1:49 PM] The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S

Singapore's DBS Bank Starts New Suite of Tokenized Banking Services for Institutional Clients

[Oct 18, 2024 12:36 PM] The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows.

Euroclear makes first Asia investment with Marketnode stake

[Oct 17, 2024 9:43 PM] The major European securities settlement firm has found an Asian platform for its FundPlace offering.

Fairdesk crypto exchange to shut down over regulatory concerns

[Oct 11, 2024 7:38 PM] The Singapore-based exchange will officially shutter on Nov. 30, 2024.

Matrixport acquires Swiss asset manager, expands in Europe

[Sep 30, 2024 10:00 AM] Matrixport has completed its all-cash acquisition of Switzerland-based Crypto Finance Asset Management.

Wazirx Granted 4-Month Moratorium, Will Make Wallet Addresses Public

[Sep 26, 2024 1:50 PM] Indian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s…

Singapore Court Grants WazirX Four-Month Conditional Moratorium

[Sep 26, 2024 4:22 AM] A Singapore court has granted Indian cryptocurrency exchange WazirX a four month moratorium based on certain conditions on Thursday, an industry source told CoinDesk.

Sygnum Secures Liechtenstein License to Expand Crypto Services in EU

[Sep 24, 2024 2:30 AM] Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA…

Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider

[Sep 23, 2024 1:05 PM] The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.

Blockchain adoption in Asia Pacific will expand into SMEs — Blockdaemon

[Sep 19, 2024 11:44 AM] Blockdaemon executive Andrew Vranjes said that tax regulations and the lack of uniform regulations across jurisdictions hold back institutions from adopting blockchain. 

Memecoins not the ‘right move’ for celebs, but DApps might be — Skale Labs exec

[Sep 19, 2024 8:45 AM] Skale chief marketing officer Andrew Saunders described memecoins as a player-versus-player situation where early investors get the most gains.