Cryptocoins News / CoinJournal - 10 months ago
Singapore’s financial regulator has granted crypto custody firm BitGo an in-principle approval.
The licence allows BitGo to operate as a Major Payments Instutition (MPI) provider in the country.
Digital asset custody provider BitGo has receiv...
Cryptocoins News / Blockchain - 10 months ago
Singapore's MAS has blacklisted ImToken, a crypto wallet provider, for lack of a financial license, citing its role as a decentralized, self-custodial wallet for investor protection and market stability. (Read More)
Cryptocoins News / Finance Magnates - 10 months ago
BitGo,
a provider of financial services in the digital realm, has announced that its
subsidiary, BitGo Singapore Pte. Ltd., has received in-principle approval from
the Monetary Authority of Singapore (MAS) for a Major Payment Institution
Licence.Clie...
Cryptocoins News / Finance Magnates - 10 months ago
The Monetary Authority of Singapore (MAS) has
officially granted Upbit Singapore a Major Payment Institution (MPI) license,
marking an important step for the company in its commitment to the country's crypto regulations. Alex Kim, the Founder and CEO...
Cryptocoins News / Blockchain - 10 months ago
Upbit Singapore receives a Major Payment Institution license from MAS, marking a key step in its expansion and compliance with Singapore's regulatory standards in the digital asset sector. (Read More)
Cryptocoins News / CoinJournal - 11 months ago
WLD price up 10% as Worldcoin opens verification in Singapore.
Worldcoin has also seen its World ID-compatible wallet surpass 5 million users and 30 million transactions.
Worldcoin price rose to a new all-time high of $4.69 on December 17.
Worldcoi...
Cryptocoins News / Blockchain - 11 months ago
Worldcoin expands to Singapore with World ID verification, following a temporary pause in India due to high demand and regulatory scrutiny. (Read More)
Bitcoin News / Bitcoinist - 11 months ago
After a successful launch of World ID 2.0 and the open-sourcing of the Worldcoin iris recognition pipeline in mid-December, the crypto project, co-created by OpenAI CEO Sam Altman, is expanding its reach to Singapore.
The project’s custom hardw...
Bitcoin News / Bitcoin.com - 11 months ago
Reflecting Singapore’s progressive stance on digital assets, the Monetary Authority of Singapore (MAS) has awarded Hashkey Capital Singapore a full Capital Markets Services license, enabling the firm to enhance its fund management services and...
Cryptocoins News / CoinJournal - 11 months ago
Coinbase says it now supports USD transfers in Singapore.
The exchange’s customers can move US dollars to or from their accounts via SWIFT.
Support for USD transfers is part of Coinbase’s plans to expand its services in the key Singapore...
Cryptocoins News / Finance Magnates - 11 months ago
The Co-Founder of the collapsed crypto lending platform Three
Arrows Capital (3AC), Su Zhu, has been questioned in a court in Singapore.
This investigation, as reported by Bloomberg, marked a significant step in the
search for a solution by the compa...
Bitcoin News / Bitcoin.com - 11 months ago
Singapore and China have teamed up on a pilot to allow tourists in both countries to spend China’s central bank digital currency, the digital yuan. “This will enhance convenience for travelers when making purchases during their overseas t...
Cryptocoins News / Blockchain - 11 months ago
Singapore's updated National AI Strategy 2.0, launched on Dec 4, focuses on expanding AI talent to 15,000, building an AI community hub, and integrating AI across various sectors for public good. (Read More)
Cryptocoins News / The Cointelegraph β - 11 months ago
Singapore released an updated version of its National AI Strategy, including plans for boosting government competency, building a smart nation and...
Cryptocoins News / Finance Magnates - 1 year ago
In the ever-evolving landscape of cryptocurrency, two disparate regions,
Madeira and Singapore, offer compelling insights into their approaches to
blockchain technology. While both share an interest in fostering blockchain
ecosystems, their strategie...
Cryptocoins News / Finance Magnates - 1 year ago
A class action lawsuit against Terraform Labs and
its Co-Founders, filed in Singapore, will proceed. This is according to a decision by the High
Court to dismiss the defendants' appeal. It marks an important milestone in a
case initiated by Julian Mo...
Bitcoin News / Bitcoinist - 1 year ago
Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), has recently underscored the noticeable transformation in the monetary landscape, highlighting central bank digital currencies (CBDCs), tokenized bank liabilities, and re...
Cryptocoins News / The Cointelegraph β - 1 year ago
According to MAS, speculative cryptocurrency trading is partly fueled by unverified success stories, celebrity endorsements and FOMO on good returns. In response to th...
Bitcoin News / Bitcoinist - 1 year ago
According to a Bloomberg report, Singapore has proposed additional regulations to reinforce its stance against retail speculation in crypto assets. The new measures include prohibiting individual investors from borrowing to trade and disallowing digi...
Cryptocoins News / Finance Magnates - 1 year ago
The Monetary Authority of Singapore (MAS) wants to
discourage cryptocurrency speculation among retail customers, according to
new regulations for Digital Payment Token (DPT) service providers
in Singapore. These measures aim to address potential harm...
Bitcoin News / Bitcoin.com - 1 year ago
The Monetary Authority of Singapore’s managing director has outlined the central bank’s plan to ensure seamless financial transactions across digital asset networks. “Currently, there is a proliferation of digital asset networks,β t...
Cryptocoins News / Finance Magnates - 1 year ago
The
Monetary Authority of Singapore (MAS) unveiled a pilot program for the live
issuance of a wholesale Central Bank Digital Currency (CBDC) denominated in
Singapore dollars. The announcement was made by the Managing Director of MAS, Ravi
Menon.MAS...