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Bitmex Group CEO: US Crypto Crackdown May Drive Top Talent to ‘Markets With More Regulatory Certainty and Lower Risk’
10.6.2023
Unlike in the United States where authorities are cracking down on the crypto industry, the regulations governing the industry are “more clearly defined and commercially viable in markets like Hong Kong, Singapore, and the UAE,” Stephan Lutz, the group CEO and CFO of the crypto exchange...
Circle is latest recipient of Major Payment Institution license in Singapore
7.6.2023
The stablecoin issuer is the second crypto company to receive Singapore’s MPI license this month, following Crypto.com
Today in Crypto: US Court Orders SEC to Respond to Coinbase's Rulemaking Petition Within 7 Days, Circle Gets Its Singapore MPI Licence, Cathie Woods Uses Drop in Coinbase Stock Price to Stock Up
7.6.2023
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: US Court Orders SEC to Respond to Coinbase's Rulemaking Petition Within 7 Days, Circle Gets Its Singapore...
Stablecoin Issuer Circle Receives Digital Token License in Singapore
7.6.2023
The issuer of USDC received in-principle approval in November last year
TOKEN2049 Singapore is set to be the world’s largest Web3 event, with over 10,000 attendees
6.6.2023
Not only is Asia’s largest Web3 event, but this year’s conference is also expected to be the world’s largest of its kind. TOKEN2049 has already surpassed last year’s registration and sponsorship numbers, with numbers steadily climbing ahead of September Speaker highlights include prolific...
Today in Crypto: EU Has Option to Deem All Crypto as Securities by Default, Georgia to Launch Mandatory Supervision of VASPs, Bitget is the 'First Exchange' to Support an EVM-Compatible Address
1.6.2023
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: EU Has Option to Deem All Crypto as Securities by Default, Georgia to Launch Mandatory Supervision...
Crypto.com joins ranks of licensed payment institutions in Singapore
1.6.2023
Singapore's Crypto.com expands its regulatory achievements by securing MPI license for DPT services from MAS
Crypto.com Receives Digital Token License in Singapore
1.6.2023
The exchange received in-principle approval in Singapore last June
Crypto Exchange Bybit Granted In-principle Approval to Operate in Kazakhstan
31.5.2023
Cryptocurrency exchange Bybit has received an in-principle approval to work in Kazakhstan, a jurisdiction increasingly seen by crypto companies as a gateway to the former-Soviet space. The trading platform wants to expand its presence in the region and other emerging markets. Bybit on Route...
Huobi appears at Wiki Expo in Singapore to drive Web3 adoption
30.5.2023
Huobi recently participated in the Wiki Expo, organized in Singapore, with the objective of exploring ways to drive the adoption of Web3. Huobi was present at the event as a strategic partner, marking a significant milestone for both. Wiki Expo centered around the theme of seeing as many ways...
Temasek Adjusts Employee Compensation Following Unsuccessful FTX Investment
29.5.2023
Singaporean investment firm Temasek Holdings has lowered the compensation of senior management and the investment team responsible for investing in FTX.
An internal review found no misconduct by the investment team but Temasek's management still took "collective accountability" and reduced their...
Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team Who Recommended FTX Investment, Hong Kong Police Launches 'CyberDefender Metaverse' Platform
29.5.2023
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: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team...
Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare
29.5.2023
Temasek wrote down the entirety of its investment in FTX in November
Singapore Venture Capital Firm Foresight Ventures Launches Second Phase of Web3 Accelerator
26.5.2023
Foresight Ventures, a venture capital company based in Singapore, has opened up the application process for the second phase of its accelerator program.
This round focuses on Web3 projects in various emerging ecosystems, with an additional $10 million pledged towards the program, the company said...
Ripple CEO: ‘Confusing’ US Crypto Rules Benefiting Europe
23.5.2023
The United States’ confusing crypto regulations have forced firms like Ripple to consider investing outside the country, and Europe has been a “significant beneficiary” of this confusion, Brad Garlinghouse has said. The Ripple CEO suggested that the United States needs to emulate...
The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
22.5.2023
A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company Bitdeer to “jointly develop green...
NY Fed and MAS publish joint CBDC cross-border payment project results
19.5.2023
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency
Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise Funds at $1BN Valuation, Ledger Co-founder Calls Recover Service Launch a 'Horrible Mess'
19.5.2023
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: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise...
NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
19.5.2023
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said
Whampoa Group Private Family Office to Open Digital Bank in Bahrain – Here's the Latest
18.5.2023
Singapore-based investment firm Whampoa Group aims to open a digital bank in Bahrain to offer payment and settlement services for crypto firms.
In a recent statement, Whampoa Group said it plans to set up the bank, which will provide banking services as well as the trading, custody, and asset...