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From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10
10.7.2023
South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023
Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and 18 Central Banks Discuss Using Digital Rupee for Cross-Border Payments
5.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and...
Singapore Bank DBS Starts e-CNY Collection Platform
5.7.2023
The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts
Thailand Joins Singapore in Banning Crypto Lending Services
4.7.2023
Amid increased global scrutiny on crypto exchanges, Thailand joins Singapore among Southeast Asian countries to ban retail lending and staking services.
The Thai Securities and Exchanges Commission announced a ban stopping crypto exchanges from offering lending and staking services to retail...
Singapore's Monetary Authority Enforces Crypto Lending and Staking Ban for Retail Investors
4.7.2023
Singapore's chief financial watchdog has decided to enforce a ban on lending and staking for retail customers.
On July 3, the Monetary Authority of Singapore (MAS) revealed a set of new requirements for what it calls "Digital Payment Token (DPT) service providers".
These rules are meant...
Unveiling the future of enterprise AI solutions: World AI Show returns for its 42nd edition in Singapore
4.7.2023
Trescon is set to organize the 42nd edition of the World AI Show, a global platform showcasing the latest trends and innovations in enterprise AI solutions. This highly anticipated event will be held on August 2-3, 2023 at the prestigious Marina Bay Sands Expo and Convention Centre in Singapore...
Singapore Implements New Crypto Regulations Targeting Custody, Lending, Staking
4.7.2023
Singapore has implemented new regulations for crypto service providers in a bid to enhance investor protection and maintain market integrity within the cryptocurrency industry. The Monetary Authority of Singapore (MAS) will also restrict lending and staking activities facilitated by crypto service...
Three Arrows Founders to Donate Future Earnings to Creditors in Spirit of 'Karma'
3.7.2023
The founders of the hedge fund that filed for bankruptcy last year have started an exchange for creditor claims, which is seeing $50 million in trading volume, said Davies
Singapore to require crypto firms to put user assets into trusts by year-end
3.7.2023
MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones
Singapore Plans to Safeguard Cryptocurrency Investments with New Trust Requirement
3.7.2023
Singapore has announced plans to impose a trust requirement on cryptocurrency exchanges in a bid to instill confidence in the market and protect investors from potential losses.
On Monday, the Monetary Authority of Singapore (MAS) stated that cryptocurrency exchanges will be required to keep...
Singapore's MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End
3.7.2023
Crypto service providers in Singapore are now required to safekeep customer assets under a statutory trust before the end of the year
Sources: Assassin's Creed Publisher Remaking Black Flag, The Pirate One
30.6.2023
Ubisoft is doubling down on its most popular franchises, including Assassin’s Creed. Kotaku has learned that strategy now includes a remake of Assassin’s Creed IV Black Flag, the 18th-century pirate fantasy period piece, and one of the more fondly remembered entries in the series. It’s what many...
BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
28.6.2023
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books
Sony Network Communications Invests $3.5M in Singapore Web3 Company Startale Labs
28.6.2023
Sony previously worked with Startale Labs to organize a web3 incubator
Japanese and Singaporean regulators join forces on crypto pilot project
27.6.2023
"Decentralized financial ecosystem continues to develop in complexity, and it is important to address emerging risks," said FSA official Mamoru Yanase
3AC liquidators look to recoup $1.3B from founders
27.6.2023
The report came exactly one year since a court in the British Virgin Islands ordered Three Arrows Capital into liquidation
2023 Bitfufu Mid-Year Festival: All in Bottom Mining! Up to 20% Off
27.6.2023
PRESS RELEASE. [Singapore], 27th June 2023 – Bitfufu, a leading crypto mining platform, announces the highly anticipated 2023 Bitfufu Mid-Year Festival. Enjoy incredible deals and promotions, maximizing your mining returns. With the theme “All IN BOTTOM MINING! UP TO 20% OFF,”...
Crypto Hubs 2023: Where to Live Freely and Work Smart
27.6.2023
With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start
Singapore: The Center of Asian Crypto Wealth Is Ready for a Reset
27.6.2023
A fintech hub turned early crypto adopter, Singapore raised billions through ICOs. Cue parties on yachts and at luxury villas. But after the collapse of homegrown crypto darlings Terraform Labs and Three Arrows Capital, the No. 2 spot in CoinDesk’s Crypto Hubs 2023 is searching for the right...
Crypto.com launches Singapore-based Global Innovation Lab
27.6.2023
Crypto.com has announced that it is launching a Global Innovation Lab based in Singapore with the objective of bringing together the expertise of Web3, blockchain, and Artificial Intelligence. Crypto.com will leverage the potential of the region to ensure that Singapore becomes a global hub...