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Singapore

Singapore’s attempts at becoming digital asset hub exclude asset trading and speculation
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6 November, 2022

Singapore’s attempts at becoming digital asset hub exclude asset trading and speculation

Ravi Menon says Singapore is not entirely closing its doors to adopting virtual assets so long as they are used...
Singapore launches first industry pilot for digital assets and decentralized finance
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5 November, 2022

Singapore launches first industry pilot for digital assets and decentralized finance

Dubbed Project Guardian, MAS is hoping to leverage DeFi to improve the securities sector as it increasingly leans towards distributed...
Monetary Authority of Singapore in no rush to launch CBDCs after concluding retail pilot
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4 November, 2022

Monetary Authority of Singapore in no rush to launch CBDCs after concluding retail pilot

MAS says it will conduct four more trials to test the viability of retail CBDCs despite the earlier claims that...
Singapore mulls ban on virtual asset trading amid sweeping changes
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28 October, 2022

Singapore mulls ban on virtual asset trading amid sweeping changes

Digital asset firms decry Singapore's proposal to introduce new regulations and ban credit for retail investors, saying that the move...
Singapore logs spike in digital asset scams as police say bulk of fraudsters are based abroad
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25 October, 2022

Singapore logs spike in digital asset scams as police say bulk of fraudsters are based abroad

Singapore's fraud cases involving digital assets ballooned to 631 by the end of 2021, with the majority of victims being...
Singapore to help South Korean fintech companies get a head start in the country
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20 October, 2022

Singapore to help South Korean fintech companies get a head start in the country

Singapore's Fintech Association (SFA), in association with Banks Foundation for Young Entrepreneurs, have teamed up to create 80RR, a co-working...
Singapore eyes blockchain-based payment for cross-border transactions
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14 October, 2022

Singapore eyes blockchain-based payment for cross-border transactions

Ravi Menon noted that cross-border payments are blighted by several issues, the most significant being the speed of settling transactions...
Singapore: SBI Digital Markets snags license to offer digital asset services
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18 September, 2022

Singapore: SBI Digital Markets snags license to offer digital asset services

Following the receipt of the license, SBI Digital Markets plans to create a digital asset securities platform to help operators...
Singapore court rules Bithumb acquisition case in favor of exchange founder: report
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6 September, 2022

Singapore court rules Bithumb acquisition case in favor of exchange founder: report

After a years-long deliberation, former Bithumb chairman Lee Jeong-hoon won his lawsuit in Singapore against BK Medical Group chief Kim...
Singapore to adopt stricter regulations for retail ‘crypto’ investors: MAS chief
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2 September, 2022

Singapore to adopt stricter regulations for retail ‘crypto’ investors: MAS chief

Despite several warnings against digital assets, surveys show that many retail investors are still "irrationally oblivious" to the risks of...
Singapore queries companies as digital asset regulations look to take new turn
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31 August, 2022

Singapore queries companies as digital asset regulations look to take new turn

Singapore is taking active steps to understand the digital assets market by gaining insights from industry entities as it seeks...
Three Arrows founder calls liquidators ‘inaccurate’ as court approves probe into Singaporean entities
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29 August, 2022

Three Arrows founder calls liquidators ‘inaccurate’ as court approves probe into Singaporean entities

Su Zhu has resurfaced in Thailand to defend himself and Three Arrows Capital, saying liquidators are misleading the court, even...