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Singapore

Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market
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29 June, 2022

Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market

Sopnendu Mohanty also said that the MAS would enforce a "painfully slow" and "extremely draconian due diligence process" for digital...
Singapore collaborates with finance industry to explore digital currency use cases
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5 June, 2022

Singapore collaborates with finance industry to explore digital currency use cases

The project will develop and pilot use cases focused on four main areas: open, interoperable networks, trust anchors, asset tokenization,...
Singapore scales digital currency regulations as MAS gets additional power
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14 April, 2022

Singapore scales digital currency regulations as MAS gets additional power

Digital asset firms registered in Singapore but operating outside the country will now be under the jurisdiction of the Monetary...
Singapore won’t regulate ‘speculative and risky’ NFTs
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22 February, 2022

Singapore won’t regulate ‘speculative and risky’ NFTs

Singapore’s central bank says that the sector is still nascent and rather than regulating it in its current form, it...
Digital currency ATMs in Singapore start shutting down after regulatory crackdown
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24 January, 2022

Digital currency ATMs in Singapore start shutting down after regulatory crackdown

The Monetary Authority of Singapore recently clamped down on avenues that led investors to get into digital assets on impulse,...
Monetary Authority of Singapore bans digital currency ads in public places
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23 January, 2022

Monetary Authority of Singapore bans digital currency ads in public places

VASPs must not advertise on public transport venues, broadcast media, third-party websites, or roadshows and must not turn to influencers...
Singapore rejects over 100 licensing applications from digital currency firms
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29 December, 2021

Singapore rejects over 100 licensing applications from digital currency firms

The Monetary Authority of Singapore is rejecting more applications than it is accepting, with only five entities licensed to operate...
2021—the year Binance would rather forget
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20 December, 2021

2021—the year Binance would rather forget

2021 has been a troubled year for Binance: it was blocked by many major banks in the U.K., booted out...
Singapore suspends Bitget exchange after row with K-pop band BTS
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11 December, 2021

Singapore suspends Bitget exchange after row with K-pop band BTS

Bitget listed and promoted Army Coin, which claimed affiliation with the popular K-pop boyband, but BTS has denied links, and...
The CoinGeek Pulse Episode 69: Craig Wright wins Bitcoin Trial of the Century, Army Coin promoter suspended, Duro Dogs drops on BSV
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10 December, 2021

The CoinGeek Pulse Episode 69: Craig Wright wins Bitcoin Trial of the Century, Army Coin promoter suspended, Duro Dogs drops on BSV

After more than a week of deliberations, the federal jury finally delivered the long-awaited verdict in the Kleiman v Wright...
Peru to partner with other countries for CBDC development
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25 November, 2021

Peru to partner with other countries for CBDC development

Central Bank President Julio Velarde said the government is partnering with countries with more advanced experience in developing its central...
Regulated stablecoins have a place in Singapore’s economy: central bank
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3 November, 2021

Regulated stablecoins have a place in Singapore’s economy: central bank

The Monetary Authority of Singapore is keeping an open mind on digital currencies and stablecoins but says they must go...