Search
Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors
14.9.2021
DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is “growing very rapidly.” The bank’s digital asset trading platform expects to double the number of members by year-end. Singapore’s DBS Expects Substantial Growth in Crypto...
BitYard Has Partnered With Banxa to Expand Fiat Money Deposit Methods Supporting Major Currencies
13.9.2021
PRESS RELEASE. BitYard, a Singapore-based cryptocurrency derivatives exchange, is continuously improving its trading services in response to the changing needs of global investors. Recently, the exchange has partnered with Banxa, the world-leading payment service provider (PSP) for the digital...
Guardian Link Announces Partnership With BeyondLife.Club, Launching Amitabh Bachchan’s NFT Collection
7.9.2021
PRESS RELEASE. No-code NFT platform Guradianlink.io announces its strategic partnership with Beyondlife.Club, an exclusive platform for artists, brands, and celebrities from different fields of entertainment. 7th September 2021, Singapore — Influential Indian actor, producer, and TV host...
Financial Authority in Singapore Includes Binance on Investor Alert List
6.9.2021
Operating as a top-tier cryptocurrency exchange cluster supporting a pool of tokens, Binance has decided to restrain some of its products in Singapore in response to the investor alert issued by the Monetary Authority of Singapore. The financial watchdog of Singapore signaled in its recent...
Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations
6.9.2021
Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance...
Binance limits SGD product offerings in Singapore amid regulatory warnings
5.9.2021
The Monetary Authority of Singapore placed Binance on its investor alert list on Sept.1 amid signs that the crypto exchange may have violated local payments laws
Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance
4.9.2021
The list of regulators warning that Binance is illegally operating in their jurisdictions continues to grow. The authorities in Singapore and South Africa have become the latest to warn that the global cryptocurrency exchange may be in breach of their local laws. South Africa’s Financial...
Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments
3.9.2021
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make...
Singapore vs. Binance, Investment Giant Looks for Crypto Traders + More News
2.9.2021
Singapore. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
_____
Exchanges news
Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), said that Binance may be in breach...
Binance CEO says US crypto exchange will go public in three years
2.9.2021
Binance US plans to close a major private funding round in the next two months to become more independent from Binance
Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
2.9.2021
The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies
MUFG boosts its crypto exposure following $41M Zipmex funding round
31.8.2021
Thailand's Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex
Singapore central bank shortlists 15 companies to develop retail CBDC
30.8.2021
The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.”
Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services
26.8.2021
On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to be delivered to Southeast Asia. The move follows a number of firms pivoting toward digital currency...
Nifty News: Vogue tokenizes magazine covers, autographed Tesla and more…
26.8.2021
Vogue Singapore has tokenized its front covers, Animoca Brands expanded its investment portfolio, and acclaimed producer Rob Weiss has signed up to direct a crypto series
Hacked Liquid exchange receives $120M debt funding from FTX
26.8.2021
The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised
Australia and Singapore conclude digital verification blockchain pilot
19.8.2021
A nine-month blockchain initiative assessing the cost and time efficiency of the two countries' digital verification systems has been deemed a success
iBG: The Insured (POSI) DeFi Token Begins Its Highly Anticipated Yield Farming
19.8.2021
PRESS RELEASE. Singapore – Following the much-awaited launch of the world’s first and only insured (POSI) DeFi token on PancakeSwap, iBG users can now expect the roll-out of yield farming, which will give every member of the community more opportunities at maintaining liquidity...
Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore: Study
17.8.2021
A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore,...
Ether is more popular than Bitcoin in Singapore, new study finds
16.8.2021
Almost four in five Singaporean crypto holders own Ether, followed by Bitcoin, Cardano and Binance Coin