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Exclusive: Can Onchain Custodian Fill Fidelity's Gap in Crypto Custody?

Exclusive: Can Onchain Custodian Fill Fidelity's Gap in Crypto Custody?

While wall street giant Fidelity tapped into the crypto custodian space, can Onchain Custodian survive under the fierce competition? Alexandre Kech, CEO of Onchain Custodian believes that they can fill Fidelity's gap in the crypto custodial market. He also explains how the surging demand in BTC futures and crypto collateral can present huge business opportunities for crypto custodians.

Binance Exchange Halts Major Crypto Services in Singapore

Binance Exchange Halts Major Crypto Services in Singapore

Binance has announced that with effect from October 26, users from Singapore will not be able to access the most basic functions of the Binance.com platform

Singapore's FOMO Pay Introduces New Crypto Payment Solution for Retailers

Singapore's FOMO Pay Introduces New Crypto Payment Solution for Retailers

Singapore-based major payment institution FOMO Pay has introduced a new cryptocurrency payment solution for retailers in the island city-state.

China and Singapore establish task force for green finance cooperation

China and Singapore establish task force for green finance cooperation

China and Singapore have formed a task force to collaborate on green and transition finance initiatives. The China-Singapore Green Finance Taskforce (GFTF) will focus on developing financial standards, products, and technologies to support a low-carbon future in the region. The task force will also facilitate greater public-private sector collaboration and strengthen sustainability bond market connectivity.

Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021

Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021

The fintech sector in Singapore made significant strides in 2021 by hitting $3.94 billion, with crypto and blockchain funding contributing nearly half at 1.48 billion.

Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations

Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations

Singapore's MAS has blacklisted ImToken, a crypto wallet provider, for lack of a financial license, citing its role as a decentralized, self-custodial wallet for investor protection and market stability.

Coinbase Requires Regional Users to Provide Recipient Details for Crypto Transfers

Coinbase Requires Regional Users to Provide Recipient Details for Crypto Transfers

Coinbase will require regional users to provide recipients' names and addresses whenever they transfer funds to other firms or exchanges, effective in April.

DBS Offers 4 Crypto Trading for Premium Clients in Singapore

DBS Offers 4 Crypto Trading for Premium Clients in Singapore

Singapore-based banking giant DBS announced to enable accredited investors to trade four cryptocurrencies, including BTC, BCH, ETH and XRP on its digital exchange.

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.

Digital Trader BHEX.SG Receives Standard Payment Institution License from MAS

Digital Trader BHEX.SG Receives Standard Payment Institution License from MAS

The central bank of Singapore also known as the Monetary Authority of Singapore (MAS) has issued a standard payment institutional license to BHEX.SG, a digital assets trading platform

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

We arranged an interview with Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain during the SFF, which Shu Ning shares with us the investment sentiment of Singaporean blockchain startups and the state of enterprise blockchain adoption in Singapore.

43% Singaporean Own Cryptocurrency, Study Says

43% Singaporean Own Cryptocurrency, Study Says

A study released on Monday shows that 43% of own Singaporean cryptocurrencies, while most of the crypto investors range between 25 to 44 years old, according to the Independent Reserve Cryptocurrency Index (IRCI).

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