Cryptocoins News / The Cointelegraph - 1 year ago
The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions....
Cryptocoins News / The Cointelegraph - 1 year ago
Not your keys, not your coins. Crypto CeFi lender Vauld has suspended “all withdrawals, trading and deposits.” Crypto contagion claims another casualty. In a statement...
Cryptocoins News / Blockchain - 1 year ago
Su Zhu, the co-founder and Chief Executive Officer of embattled Three Arrows Capital (3AC) has put his Singapore mansion for sale. (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading r...
Cryptocoins News / The Cointelegraph - 1 year ago
The Monetary Authority of Singapore (MAS) has reprimanded Three Arrows Capital (3AC), an embattled hedge fund, for providing inaccurate information to the authorities. In a statement published Thursday, the MAS said that the firm violated capital req...
Cryptocoins News / Blockchain - 1 year ago
SINGAPORE & HONG KONG – JUNE 28 , 2022 Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announces that the company has entered a joint strategic partnership and merger and acquisiti...
Bitcoin News / Bitcoin.com - 1 year ago
Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency ind...
Cryptocoins News / The Cointelegraph - 1 year ago
Singapore’s financial regulator and the central bank have pledged to be “brutal and unrelentingly hard” on any “bad behavior” from the cryptocurrency industry.The comments come from the Monetary Authority of Singapore (MAS)’s chief fintech officer So...
Cryptocoins News / The Cointelegraph - 1 year ago
Major Singapore-based cryptocurrency exchange Crypto.com received in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License. The license will let the platform provide a range of payment services in...
Cryptocoins News / Blockchain - 1 year ago
US crypto exchange Coinbase has opted to make strategic investments in Zipmex, a digital asset exchange based in Singapore.
Early this year, Coinbase was planning to acquire Zipmex. But local media reported that the US platform has signed a term s...
Cryptocoins News / Blockchain - 1 year ago
Ant Group, a majority-owned fintech firm of Alibaba Group Holdings has ANEXT, a digital bank following a nod from the Monetary Authority of Singapore () earlier this month.
The move comes off as Ant Group’s most ambitious off-shore expansion move...
Cryptocoins News / The Cointelegraph - 1 year ago
The past week in the decentralized finance (DeFi) ecosystem saw many new developments, including the rebirth of the Terra 2.0 blockchain. Meanwhile, Binance’s incubation platform Binance Labs launched a $500 million fund to support and promote Web3 a...
Bitcoin News / Bitcoin.com - 1 year ago
The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMorgan will pilot the first project.
Project Guardian...
Bitcoin News / Bitcoin.com - 1 year ago
Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.”
Singapore’...
Cryptocoins News / The Cointelegraph - 1 year ago
The Monetary Authority of Singapore (MAS) has launched Project Guardian, a blockchain-based digital assets trial that will use tokenization. The project will include regulated financial institutions serving as "trust anchors," with a pilot involving...
Cryptocoins News / Blockchain - 1 year ago
Blockchain Association Singapore (BAS) and statutory board JTC have signed a Memorandum of Understanding (MOU) to collaborate in co-developing and nurturing a virtual blockchain ecosystem.
The virtual blockchain ecosystem will be at the Punggol Dig...
Cryptocoins News / Blockchain - 1 year ago
The Monetary Authority of Singapore (MAS) has Project Guardian. This sandbox initiative is set to explore a number of defined use cases with respect to asset tokenisation on the .
Project Guardian was floated in partnership with DBS Bank, JPMorga...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto-focused venture firm NGC Ventures has launched a new ecosystem fund dedicated to Web3 projects, underscoring heightened investor demand for startups that are contributing to the development of a decentralized internet. NGC Metaverse Ventures,...
Cryptocoins News / Blockchain - 1 year ago
Former Singapore nominated Member of Parliament Calvin Cheng announced on Monday the establishment of his non-fungible token (NFT) and fan token investment holding company, Calvin Cheng Web3 Holdings FZE, in Dubai.
The development came after the Du...