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Crypto Exchange Upbit Gets Full Licensing in Singapore

[Jan 8, 2024 10:25 AM] Upbit said it is "poised to expand [its] range of offerings," having acquired a MPI license.

Worldcoin (WLD) Gains By 10% Following Singapore Debut

[Dec 31, 2023 2:47 AM] Worldcoin (WLD), the brainchild of OpenAI CEO Sam Altman, has experienced a significant level of positive traction in the past month. Notably, Worldcoin gained by over 50% in mid-December to attain an all-time high of $4.6. Although the token soon…

Court Freezes $1 Billion of Assets of Three Arrows Capital Founders

[Dec 21, 2023 3:52 AM] The worldwide order by a British Virgin Islands court applies to founders Su Zhu, Kyle Davies and Davies' wife, Kelly Chen.

Hashkey Capital Singapore Secures Full Capital Markets Services License From Singapore

[Dec 20, 2023 5:00 AM] Reflecting Singapore’s progressive stance on digital assets, the Monetary Authority of Singapore (MAS) has awarded Hashkey Capital Singapore a full Capital Markets Services license, enabling the firm to enhance its fund management services…

HashKey Capital Singapore Secures Capital Markets Services License From MAS

[Dec 19, 2023 8:59 AM] The firm follows crypto exchange DigiFT, which received a CMS license last month.

3AC co-founder Su Zhu set to be released by year-end after court grilling: Report

[Dec 13, 2023 6:20 AM] Three Arrows Capital co-founder Su Zhu has faced his first interrogation in a Singapore court and is reportedly set to be released soon.

Three Arrows Co-Founder Su Zhu Faces Questioning in Singapore Court in Hunt for Assets: Bloomberg

[Dec 13, 2023 5:29 AM] Zhu is expected to be released from jail this month for good behavior, Bloomberg reported.

Singapore releases national AI strategy 2.0, plans for 15,000 AI experts

[Dec 5, 2023 5:30 AM] Singapore released an updated version of its national AI strategy that includes plans for boosting government competency, building a smart nation and increasing compute capacity.

Ravi Menon: Singapore's Middle Way Regulator

[Dec 4, 2023 7:17 AM] Singapore's central bank head has steered a path between Hong Kong's embrace of crypto and India's stifling of it.

Binance VIP traders got sneak peak of US settlement: Report

[Dec 1, 2023 10:23 AM] At an exclusive dinner in Singapore, certain Binance executives reportedly told traders about the pending settlement with U.S. officials, allowing the exchange to stay in business.

Terraform Labs, Do Kwon Fail to Have Singapore Class-Action Suit Rejected: Report

[Dec 1, 2023 4:56 AM] The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.

OPNX token spikes 50% after Su Zhu unexpectedly posts a 'gm' on Twitter

[Nov 30, 2023 11:52 PM] The OX token hit a price high not seen since co-founder Su Zhu was arrested in late September.

Zipmex proposes to pay creditors 3 cents per dollar

[Nov 29, 2023 3:40 AM] The proposal came as a part of a restructuring offer from the embattled Thai crypto exchange, which owes its customers $97 million.

JPMorgan, Apollo plan for enterprise mainnet, execs reveal

[Nov 28, 2023 4:52 AM] The enterprise mainnet provides the scalability to add applications to a network with a KYC-compliant set of institutional banks, broker-dealers and asset managers.

Singapore to restrict retail crypto speculation with new rules

[Nov 24, 2023 12:51 AM] According to MAS, speculative cryptocurrency trading is partly fueled by unverified success stories, celebrity endorsements and FOMO on good returns.

Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications

[Nov 23, 2023 9:07 AM] The Monetary Authority of Singapore (MAS) has released the final tranche of its responses to feedback on a consultation paper of proposed regulations for crypto service providers.

Singapore Announces Global Tokenization Initiative in Partnership With BNY Mellon, DBS, JPMorgan, and MUFG

[Nov 17, 2023 1:00 AM] The Monetary Authority of Singapore (MAS) has announced a global tokenization initiative that seeks to allow tokenized assets to be exchanged by different financial institutions across borders. The initiative, touted by MAS officials as the…

There Is a World of Web3 Outside the U.S. and Europe

[Nov 16, 2023 10:22 AM]

3AC co-founder Kyle Davies spotted in Bali, sources claim

[Nov 16, 2023 7:55 AM] Sources claim that 3AC co-founder Kyle Davies has been based in Bali for months as he continues to evade Singaporean authorities over the collapse of his failed hedge fund.

Blockdaemon among founders of BSN Spartan Network governing body

[Nov 16, 2023 4:00 AM] The BSN Foundation’s “non-cryptocurrency” approach aims to create a stable network that would not be as volatile as traditional cryptocurrencies like Bitcoin.

'Cryptocurrencies Have Failed the Test of Digital Money,' MAS' Managing Director Says

[Nov 15, 2023 11:38 PM] Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.

Paxos to issue USD stablecoin in Singapore, wins initial approval

[Nov 15, 2023 8:53 PM] The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval.

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

[Nov 15, 2023 8:00 PM] Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement.

Singapore introduces 5 new pilots to test asset tokenization

[Nov 15, 2023 4:14 AM] The latest initiatives by the Monetary Authority of Singapore aim to develop foundational capabilities to scale tokenized markets.

Monetary Authority of Singapore Starts Tokenization Pilots Alongside Financial Services Heavyweights

[Nov 15, 2023 3:54 AM] The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.

Singapore startup dtcpay launches retail crypto payments system with Chinese partners

[Nov 10, 2023 3:27 PM] Dtcpay, formerly Digital Treasures Center, is MAS-registered and already provides some point-of-sale and online crypto payment services.

Hodlnaut heading for liquidation after failure of restructuring, sale efforts

[Nov 10, 2023 11:49 AM] Recovery from the crypto winter is proceeding, but Hodlnaut won’t survive it. A sealed court order in Singapore appears to spell its doom.

Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows

[Nov 10, 2023 8:09 AM] Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Angela Ee.

International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up

[Nov 10, 2023 7:36 AM] Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement.

Can Bank-Backed Exchanges Solve Crypto Trading’s Trust Problem?

[Nov 8, 2023 8:10 AM]