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Filecoin Miner RRMine Global Leaves China for Singapore
13.9.2022
The move was spurred by tightened restrictions on crypto in China and concerns over the country's Web3 strategy
Southeast Asia’s Largest Bank DBS Enters the Metaverse
11.9.2022
DBS, the largest bank in Southeast Asia, says it is “the first bank in Singapore to make a foray into the metaverse.” A DBS executive explained that “The metaverse presents exciting opportunities to redefine how we live, work and engage with each other.” DBS Entering...
Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker Argues
2.9.2022
Digital assets could become “a permanent feature of the financial landscape,” although decentralized cryptoassets like bitcoin (BTC) “fail as money,” Singapore’s central bank director has argued....
Read More: Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker...
Singapore court rules in favor of Bithumb founder in acquisition case
31.8.2022
The decision on the civil lawsuit might affect a trial court in South Korea
First Mover Asia: Bitcoin Claws Back Above $20K; Singapore Bank Head’s Speech Reflects Growing Crypto Hostility
31.8.2022
In his speech, Ravi Menon spoke in favor of digital asset innovation but not cryptocurrency speculation. But the Monetary Authority of Singapore’s approach may not be realistic
Singapore State Investor Temasek to Lead $100M Funding Round in Animoca Brands: Report
30.8.2022
Singapore's state investment fund Temasek, one of the world's largest investors, is to lead a $100 million funding round into non-fungible token (NFT) and metaverse investor Animoca Brands, Bloomberg reported Monday
Singapore state investor leads $100M round for crypto firm Animoca: Report
30.8.2022
Both parties participated in a $200 million funding round for the Australian NFT Immutable in March 2022
Hodlnaut now placed under creditor protection after freezing withdrawals
30.8.2022
Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions
Crypto Lender Hodlnaut Placed Under Interim Judicial Management by Singapore Court
30.8.2022
Troubled crypto lender Hodlnaut has been placed under interim judicial management in Singapore three weeks after it was forced to freeze withdrawals due to "difficult market conditions"
'Most of crypto is still junk' and lacks use case — JPMorgan blockchain head
30.8.2022
JPMorgan’s Umar Farooq said that use cases haven't arisen fully and regulation hasn't yet caught up
Singapore Considers Stricter Rules for Retail Crypto Investors — Regulator Says Cryptocurrencies Are ‘Highly Hazardous’
30.8.2022
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable for use as money and as highly hazardous for retail investors,” said the central bank chief....
Shopify Not Allowed to Pause Crypto-related Lawsuit, UAE Company Parners with Binance to Accept Crypto + More News
29.8.2022
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: Shopify Not Allowed to Pause Crypto-related Lawsuit, UAE Company Parners with Binance to Accept Crypto + More News
Where in the world are the 3AC founders? Speculations abound
29.8.2022
Rumor has it that they are heading to or already in Dubai, says a lawyer with 30 years of experience. But can they stay there forever?
MAS doesn’t trust retail crypto investments, mulling more regulations
29.8.2022
Regulators in Singapore say cryptocurrencies are problematic due to high market volatility and warn against retail investments in cryptocurrencies
Singapore's Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation
29.8.2022
The head of the Monetary Authority of Singapore, Ravi Menon, insists this stance is "synergistic" and says price speculation is the source of the crypto world's problems
Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils
27.8.2022
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules,...
3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report
26.8.2022
Zhu, whose whereabouts had been unknown for weeks, delivered an affidavit that disputed Teneo claims and elucidated the internal structure of the failed hedge fund
Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires to Crypto Firms + More News
26.8.2022
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: Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires...
Singapore MAS examines crypto firms ahead of new regulations: Report
26.8.2022
The MAS reportedly asked crypto firms about their owned tokens, top lending and borrowing counterparties, loans and top tokens staked via DeFi
Singapore's Central Bank Asks Crypto Firms to Submit Business Data: Report
26.8.2022
The move comes as the central bank is looking to bring in more safeguards for retail customers and a stablecoin regulation