[Jul 23, 2024 7:00 PM] The Major Payment Institution license would allow for the company to offer regulated Digital Payment Token services, such as custody.
[Jul 22, 2024 3:31 AM] MAS injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding.
[Jul 12, 2024 9:20 PM] DBS, a leading financial services group in Asia, reports a significant increase in the trading value of digital payment tokens on its digital exchange for the first five months of this year. The surge reflects growing institutional interest in…
[Jul 9, 2024 11:34 PM] Singapore Exchange (SGX) CEO Loh Boon Chye has shared his insights on whether Singapore’s largest stock exchange will offer crypto-based listings. The executive emphasizes the need for a sustainable ecosystem, stating: “That really…
[Jul 9, 2024 6:31 PM] The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver…
[Jul 8, 2024 11:00 AM] PRESS RELEASE. [Singapore, 2024] – Venture capitalists and industry leaders are gearing up for the much-anticipated VC Founders Summit on September 21st, promising to elevate discussions, foster collaboration, and chart the future course of…
[Jul 2, 2024 9:34 AM] Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos’s global stablecoin operations. The approval permits the issuance of stablecoins…
[Jun 20, 2024 5:13 AM] Singapore said digital payment token service providers, also known as virtual asset service providers, stand out as a high-risk category within the financial sector.
[Jun 17, 2024 4:46 AM] Singapore’s national goalkeeper, Hassan Sunny, has been appointed as the Chief Security Officer and spokesperson for HTX Global and TRON. The announcement was first made by Justin Sun on social media. Drawing parallels between Sunny’s role on the…
[Jun 15, 2024 1:05 PM] Google Trends data reveals a consistent increase in search interest for “CBDC,” which stands for central bank digital currency, over the past five years. The term has maintained a score above 20 since August 2022, on a scale of 1 to…
[Jun 4, 2024 2:27 AM] In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange…
[Jun 2, 2024 8:46 AM] This weekend, the Singaporean cryptocurrency firm QCP Capital reported a significant drop in market volatility after the approval of spot ethereum (ETH) exchange-traded funds (ETFs), despite ongoing catalysts. QCP highlighted that bitcoin is under…
[May 14, 2024 6:29 AM] Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
[May 13, 2024 3:49 AM] Singapore-based Liminal won approval to operate as a regulated custodian, another sign of its expanding footprint in the APAC and MENA regions.
[May 7, 2024 5:30 AM] As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million with participation from Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced…
[Apr 2, 2024 5:21 PM] Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated…
[Apr 2, 2024 12:25 AM] Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services, the Monetary Authority of Singapore (MAS) announced on Tuesday.
[Mar 20, 2024 1:59 AM] Kyle Davies, the co-founder of the now-defunct Three Arrows Capital, has stated that he is not sorry for the company going bankrupt.
[Mar 19, 2024 1:39 AM] The Grab super app is now making available the option of paying in cryptocurrencies, The Straits Times reported Tuesday citing alerts from Grab users.
[Mar 6, 2024 2:00 AM] Bitstamp describes itself as the "first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore."
[Feb 26, 2024 4:00 PM] One analyst on X is concerned about the long-term sustainability of Worldcoin (WLD), a project aiming to build a universal digital identity system. While acknowledging the project’s innovative approach and recent upswing that has seen WLD…
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