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First Mover Asia: Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos Drop
6.4.2022
Many crypto companies, especially those with roots in Asia, choose to register their companies in Singapore, but the city-state has grown uncomfortable with the scale of this arrangement; bitcoin fell sharply after hawkish remarks by Fed Governor Lael Brainard
Singapore aims to streamline financial watchdog's authority over crypto firms
5.4.2022
"We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets," said Alvin Tan
Singapore Tightens Crypto Rules with New Law on Licenses for Virtual Asset Firms
5.4.2022
In a bid to enforce tightened rules for crypto businesses, Singapore’s unicameral parliament has passed a law that will oblige virtual asset service providers (VASPs) to apply for licenses.
The latest development extends the country’s regulations on anti-money laundering and countering...
New Singapore Crypto Law Requires Overseas-Only Operators to Be Licensed: Report
5.4.2022
The city-state'sTuesday passage of the law means such companies will have to meet anti-money laundering and anti-terrorism measures to which they were not previously subjected
DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns
4.4.2022
The Asian banking giant DBS appears to have reeled in plans to open its crypto exchange services to retail investors – and has apparently been spooked by regulatory concerns....
Read More: DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns
First Mover Asia: DBS Bank's Ditching Retail Crypto Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Cryptos Rise Late Sunday
4.4.2022
Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%
TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards From Stablecoin Pool Incentive Program
3.4.2022
PRESS RELEASE. Singapore, Singapore / April 4th / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity...
APENFT Marketplace Launches Testnet With an Exciting Developer Sprint
31.3.2022
PRESS RELEASE. Singapore, Singapore / Mar 31, 2022 / – APENFT Marketplace Testnet goes live on March 31, marking a historic moment in the evolution of the TRON NFT ecosystem. APENFT holds unique insights into the development of the NFT markets with a long-term commitment to collecting...
Bitcoin Investments Hit 3-Month High, Solana Outpaces Ethereum + More News
28.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Investments Hit 3-Month High, Solana Outpaces Ethereum + More News
Coinbase Makes Changes to Services in Canada, Japan, Singapore to Comply With Local Crypto Regulations
27.3.2022
The Nasdaq-listed cryptocurrency exchange Coinbase has made some changes to its services for customers in three countries. “This change will only impact users in Canada, Singapore, and Japan who are transferring digital assets from their Coinbase exchange wallet to a wallet off the Coinbase...
Coinbase to track off-platform crypto transfers in Canada, Singapore, Japan
26.3.2022
Certain Coinbase users will need to disclose recipient information when sending cryptocurrencies to non-Coinbase wallets
APENFT Marketplace Makes NFT Drops in the TRON Ecosystem Accessible
26.3.2022
PRESS RELEASE. Singapore, Singapore / Mar 26, 2022 / — APENFT Marketplace aims to lower the entry barrier for users through a new NFT market and build new forces in the TRON community by issuing exclusive Genesis NFT badges live on March 31. As an essential art foundation in the TRON...
Coinbase to Require Recipient Information for Crypto Transfers From Users in Canada, Singapore and Japan
25.3.2022
Customers in those countries who send crypto outside their Coinbase accounts must provide recipients’ names, addresses and in some cases, additional information, as of early April
Singaporean Court Recognizes Crypto as Property in Theft Case
24.3.2022
The High Court of Singapore, the lower division of the country’s Supreme Court, has issued a ruling in which, for the first time, it recognizes crypto as property and grants proprietary injunctions against persons suspected of its theft....
Read More: Singaporean Court Recognizes Crypto...
Falcon Business Research Announces Blockchain Conference & Awards 2022 on 4-5 July 2022 in Singapore
23.3.2022
Blockchain in Singapore conference to discuss blockchain, DeFi, NFT, metaverse, gaming & web 3. Singapore—21 March 2022—The Blockchain in Singapore conference and awards is the leading crypto and blockchain conference in the APAC since 2018, there is nothing like interacting with a live speaker...
First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?
22.3.2022
There was no apparent, clear explanation about a Singapore regulatory agency's decision to place crypto fund DeFiance Capital on an "Investor Alert List.”
Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS
22.3.2022
The Bank for International Settlements (BIS)'s central bank digital currency (CBDC) project, known as Project Dunbar, has created more questions than answers, the international body said today. However, establishing a global network of connected CBDC platforms still remains a goal for...
Cross-Border CBDC Payments Are 'Viable,' Says Report From Central Banks of Australia, Malaysia, Singapore and South Africa
22.3.2022
The tool to enable paying using different assets, tested by Australia, South Africa, Singapore and Malaysia, is the latest foray into trialling the applications of central bank digital currencies
GrePay and Alchemy Pay Partner to Expand Crypto Payments
21.3.2022
PRESS RELEASE. Singapore, March 2022 – The fiat-crypto payment solutions provider, Alchemy Pay (ACH), and GrePay, global acquirer and payments provider, announce their partnership. Grepay has over 100 local payment channels that process over 200k transactions per day. Alchemy Pay will...
First Mover Asia: Singapore-Based Gaming Company Razer Struggles to Pivot; Bitcoin Declines After a Positive Week
20.3.2022
The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to reinvent itself into a lifestyle brand; bitcoin falls slightly but holds over $41,000