Cryptocoins News / Blockchain - 1 year ago
Digital securities token exchange ADDX raised $58 million in a Pre-Series B round on Tuesday.
The Singapore-based blockchain and smart contract-driven FinTech company said the latest funding would allow ADDX to scale its operations as the company...
Bitcoin News / Bitcoin.com - 1 year ago
The Singapore High Court has granted a court injunction which stops or blocks the sale of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that one man claims was wrongfully taken away from him.
NFT Used as Collateral
A Singapore ma...
by COINS NEWS - 2 years ago
Terra / LUNA, once in the top 10 of the crypto capitalization list, crashed more than 99% from its all-time high and its holders saw their portfolio being destroyed in a few days. This event caused a general cryptocurrency bloodbath as a reacti...
Bitcoin News / Bitcoinist - 2 years ago
Singapore was once a haven for cryptocurrency enthusiasts but now the government is tightening its reins and restricting the use of digital assets. Nonetheless, restaurants in Singapore continue to accept crypto payments despite the legislative sanct...
Bitcoin News / Bitcoinist - 2 years ago
Considering the higher risk involved in cryptocurrency, the Monetary Authority of Singapore (MAS) has tightened the procedure to approve a crypto license for digital asset providers, making the regime a “responsible global crypto hub.”
Ravi Menon, th...
Cryptocoins News / Blockchain - 2 years ago
Cake DeFi, a Singapore-based fintech platform, announced on Thursday that it has launched a new decentralized finance (DeFi) service that lets users get loans using cryptocurrencies as collateral.
The fintech firm said that the new service – which...
Bitcoin News / Bitcoin.com - 2 years ago
The Monetary Authority of Singapore (MAS), the country’s central bank and the regulator of the crypto sector, says that its licensing process for digital asset service providers needs to be stringent. “It needs to be because we want...
Cryptocoins News / The Cointelegraph - 2 years ago
As Singapore continues to play an active role in boosting crypto adoption across the Asia-Pacific region, the country’s first licensed crypto exchange Independent Reserve conducted a retail-focused survey to better understand the underlying potential...
Cryptocoins News / Blockchain - 2 years ago
Monetary Authority of Singapore Managing Director, Ravi Menon, defended Wednesday the need for strict crypto rules to assist in mitigating potential risks facing retail investors as well as the use of digital assets for money laundering and terroris...
Bitcoin News / Bitcoinist - 2 years ago
Ryde, the ride-sharing app, is ramping up its crypto payments capability with Request Finance, allowing it to expand the options for its users to top up their in-app Ryde wallets. Besides, it is also launching an NFT project.
Launched in 2014, this S...
Cryptocoins News / Blockchain - 2 years ago
Singapore-based major payment institution FOMO Pay has introduced a new cryptocurrency payment solution for retailers in the island city-state.
The new payment method will retailers in Singapore to accept digital payment tokens (DPT) - the first t...
Bitcoin News / Bitcoinist - 2 years ago
When asked about what the future looks like, many people may mention sci-fi dystopian movies such as “The Matrix” or “Ready Player One.”
As NFTs and the metaverse in the crypto space make these possible, Phemex is ready to go all-in into a futuristic...
Cryptocoins News / The Cointelegraph - 2 years ago
Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments.As per the announcement, the newly launched product is called Crypto Acc...
Cryptocoins News / Blockchain - 2 years ago
As the metaverse continues to gain momentum, HSBC Holdings, a British multinational investment bank, has established a fund to render investment opportunities to its high and ultra-high net worth investors in Singapore and Hong Kong.
Through the M...
Cryptocoins News / Blockchain - 2 years ago
Virtual Assets Service Providers (VASPs) that originate from Singapore but offer their business offerings or products abroad are now required to secure licensing from the relevant authorities, a shift in position that may soon become law as the coun...
Cryptocoins News / The Cointelegraph - 2 years ago
The Singaporean government has approved legislation that will give the Monetary Authority of Singapore, or MAS, additional power to respond to crypto firms doing business outside the country.Records from the Parliament of Singapore show the governmen...
Cryptocoins News / Blockchain - 2 years ago
Singapore and Cambodia are notably exploring the use of Central Bank Digital Currencies (CBDCs) and digital currencies to improve their payment ecosystem efficiency as well as bolster the growth of startups across the board.
Both ASEAN countries ar...
Bitcoin News / Bitcoin.com - 2 years ago
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 C...