Search Results for "singapore"
Cryptocurrency Firms Starting to See Singapore as Unhospitable, Nikkei Says
Cryptocurrency companies that were attracted to Singapore for their crypto-friendly stance have begun to realise the difficulty of legally operating in the city-state, Nikkei Asia reported.
Paxos Gains Approval from Singapore to Issue Stablecoins, Partners with DBS Bank
Paxos secures approval from Singapore's central bank to offer stablecoins, partnering with DBS Bank for cash management and custody services, enhancing its presence in the digital payment sector.
Singapore's Regulatory Framework Boosting Digital Asset Innovation
Singapore is emerging as a leading hub for digital assets, driven by regulatory clarity and innovation in financial services, according to insights from DBS Bank's digital asset leadership.
BNB Chain Prepares for TOKEN2049 with Exciting Events in Singapore
BNB Chain is organizing a series of events at TOKEN2049 Singapore, including developer meetups and discussions on AI and DeFi, to showcase Web3 innovations.
Upbit Singapore Secures MAS's MPI Licence
Upbit Singapore receives a Major Payment Institution license from MAS, marking a key step in its expansion and compliance with Singapore's regulatory standards in the digital asset sector.
Revolut Adds 29 New Tokens to Serve Clients in US
British fintech giant Revolut has announced the addition of 29 new tokens to serve its clients.
Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong
In Asia, Singapore extends tax charging on NFT transactions, local media reports.
Singapore Regulator MAS is Exploring Use of Cases in Digital Assets
The Monetary Authority of Singapore (MAS) has launched Project Guardian, a sandbox initiative that is set to explore a number of defined use cases with respect to asset tokenization on the blockchain.
Revolut Launches Cryptocurrency Exchange Services in Singapore
British Fintech firm Revolut has launched a digital currency trading service in Singapore amid a tightening regulation from regulators.
Singapore Passes Law to Regulate VASPs Operating Abroad
Singapore-based Virtual Assets Service Providers (VASPs) which do their business offerings or products abroad are now required to secure licensing from the relevant authorities.
Hong Kong, Singapore Sees Diverging Approaches to Retail Crypto Trading
Hong Kong is planning to shift to a friendlier approach towards cryptocurrencies starting next year, according to a Bloomberg report, while neighbouring Singapore is planning to impose fresh restrictions on consumers.
Singapore Crypto Lender Hodlnaut Suspends Withdrawals, Citing Tough Market Conditions
Hodlnaut on Monday suspended all withdrawals, swaps, and deposits on its platform and said it is exploring potential recovery plans options.