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Intercontinental Exchange Plans to Launch Bakkt Bitcoin USD Cash Settled Monthly Futures

Intercontinental Exchange Plans to Launch Bakkt Bitcoin USD Cash Settled Monthly Futures

Singaporean Intercontinental Exchange (ICE) announced its plan to launch the Bakkt Bitcoin (USD) Cash Settled Monthly Futures, the first well-regulated futures platform for cryptocurrencies, on December 9.

Zipmex Requests Moratorium Extension in Singapore

Zipmex Requests Moratorium Extension in Singapore

Cryptocurrency exchange Zipmex has requested an extension of its moratorium on debt in Singapore due to liquidity issues. The company plans to use the extra time to reopen withdrawals on its Z Wallet platform.

Crypto Lender Struggles Extended Creditor Protection For Vauld

Crypto Lender Struggles Extended Creditor Protection For Vauld

Singapore gave Vauld another creditor protection term. The corporation needs a resurrection strategy by Feb. 28. Due to market circumstances, the site stopped 800,000 user withdrawals in July 2022. It received a three-month liquidity moratorium in August 2022.

HSBC Rolls Out Metaverse Fund for Premium Clients in Singapore and Hong Kong

HSBC Rolls Out Metaverse Fund for Premium Clients in Singapore and Hong Kong

As the metaverse continues to gain momentum, HSBC Holdings has established a fund to render investment opportunities to its high and ultra-high net worth investors in Singapore and Hong Kong.

DBS Bank to Expand Crypto Services to Hong Kong

DBS Bank to Expand Crypto Services to Hong Kong

As Hong Kong strives to become a digital asset center, Singapore state-owned megabank DBS Group plans to extend its crypto platform there.

MAS Shortlists 15 Firms to Help Pilot its CBDC Program

MAS Shortlists 15 Firms to Help Pilot its CBDC Program

15 candidates have been chosen to continue vying for the role to help deploy Singapore's CBDC program

Crypto Lender Vauld Granted 3-Month Protection from Singapore Court against Creditors

Crypto Lender Vauld Granted 3-Month Protection from Singapore Court against Creditors

Crypto lender Vauld has been facing hostile action from several creditors. The Singapore High Court has granted the distressed firm a three-month reprieve against its creditors.

Singapore’s OCBC Bank Weighs Launching Crypto Services Amid Surge in Customer Interests

Singapore’s OCBC Bank Weighs Launching Crypto Services Amid Surge in Customer Interests

The second-largest bank in southeast Asia – OCBC – is considering setting up a cryptocurrency service to fulfil customer demands.

Coinbase To Invest in Singapore’s Zipmex following Acquisition Talks

Coinbase To Invest in Singapore’s Zipmex following Acquisition Talks

Coinbase discussed acquisition deals with Zipmex. After negotiations, the two firms have agreed on strategic investments.

U.S. Ranks The Most Crypto-friendly Country/Territories Worldwide; Hong Kong Takes 3rd Runner Up

U.S. Ranks The Most Crypto-friendly Country/Territories Worldwide; Hong Kong Takes 3rd Runner Up

A study conducted by Crypto Head shows the United States takes the lead as the crypto-friendly country or territory to adopt cryptocurrencies worldwide, while Hong Kong enjoys the fourth most crypto-friendly region.

DBS Bank Says Its Bitcoin Trading Surged Amid Global Market Crash

DBS Bank Says Its Bitcoin Trading Surged Amid Global Market Crash

DBS bank has ploughed ahead with its Bitcoin trading operations despite a slump in the digital asset markets.

Singapore Shuts down Crypto ATMs After Ban on Public Crypto Ads

Singapore Shuts down Crypto ATMs After Ban on Public Crypto Ads

All cryptocurrency ATMs in Singapore have been shut down by the Monetary Authority of Singapore, following the city-state's prohibition of all crypto-related advertisements in public spaces.

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