[Jun 3 5:30 AM] Singapore is mandating crypto service providers operating locally but serving overseas customers to get licensed or exit by June, with no grace period or phased rollout. Singapore Gives Crypto Firms Until June 2025 to Comply, Without Grace Period…
[May 27 8:30 AM] MYEG, a Malaysian e-government and digital services provider, has signed a Memorandum of Understanding (MoU) with Sgtradex, Singapore’s national digital infrastructure for trade data exchange, to facilitate seamless blockchain-powered trade between…
[May 23 5:30 AM] Cryptocurrency ownership in Singapore has decreased, with nearly half of crypto users selling their holdings, as reported by the Independent Reserve Cryptocurrency Index. The percentage of residents owning crypto fell from 40% in 2024 to 29% in…
[May 16 5:30 AM] Sonic Labs CEO Michael Kong announced that the Singapore High Court has approved the liquidation of Multichain Foundation, appointing KPMG’s Singapore branch as liquidators. Multichain’s Refusal to Cooperate Forced Sonic Labs’ Hand Sonic Labs CEO…
[May 16 3:30 AM] Franklin Templeton has received approval from Singapore’s central bank to launch a tokenized money market fund, the first of its kind for retail investors in the country. The move marks a significant step in integrating blockchain with…
[Apr 22 5:30 AM] The Singapore Exchange plans to launch bitcoin perpetual futures later this year to stay competitive. The launch is expected to benefit SGX by attracting new investors and utilizing its derivatives expertise. SGX Seeks to Tap Rising Institutional…
[Apr 2 8:30 AM] Sony Electronics (Singapore) Pte. Ltd. (SES) has announced a partnership with Crypto.com to accept USDC, a U.S. dollar-pegged stablecoin, for direct payments on Sony Store Online. This integration aims to make cryptocurrency payments more…
[Mar 20 9:30 AM] Binance just earned major recognition from Singapore’s police for its fight against cybercrime, standing alongside tech giants like Google and Microsoft. Binance Honored by Singapore Police for Cybercrime Prevention Binance announced on March 19…
[Mar 11 11:30 AM] The Singapore Exchange (SGX) is set to make a significant entry into the cryptocurrency derivatives market by introducing bitcoin perpetual futures in the second half of 2025, as reported by Bloomberg. This strategic move aims to cater to the…
[Feb 28 5:21 PM] Singapore-based mining firm Bitdeer has acquired 50 BTC for $4 million at an average price of $81,475, according to a Feb. 28 X post. This brings the company’s total bitcoin holdings to 1,011 BTC. Over the past six days, Bitdeer has…
[Feb 24 10:30 AM] Bullionstar, a premier gold dealer based in Singapore, warned about the high demand for large gold ingots and reported tightness in the supply. The firm stated that this behavior is not normal. Gold Demand Rises, ‘Tightness’ in Large…
[Feb 22 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…
[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…
[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
[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.
[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.
[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.
[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…
[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.
[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.
[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.
[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.
[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…
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