Tag: Singapores

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Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it

Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it

The Monetary Authority of Singapore (MAS) has wrapped up the first stage of its Project Orchid examination of a retail central bank digital currency ( [...]
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG

HK and Singapore’s mega-rich are eyeing crypto investments: KPMG

Hong Kong and Singapore’s wealthy elite appear to be looking at digital assets with fervor, after a new report from KPMG suggesting over 90% of family [...]
Blockchain.com gets regulatory nod from Singapore’s central bank

Blockchain.com gets regulatory nod from Singapore’s central bank

Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide cry [...]
Cryptos Rise, Even as Stocks Falter; Token2049 Conference Signals Singapore’s Resurgence as a Crypto Hub

Cryptos Rise, Even as Stocks Falter; Token2049 Conference Signals Singapore’s Resurgence as a Crypto Hub

Despite the ongoing, macroeconomic turbulence, Jeff Dorman, chief investment officer at crypto fund manager Arca, took issue with "the convenient narr [...]
Singapore’s financial authority grants license to SBI’s digital asset arm

Singapore’s financial authority grants license to SBI’s digital asset arm

The Monetary Authority of Singapore, or MAS, has granted SBI Digital Markets, a subsidiary of the digital asset arm of Japan-based financial giant SBI [...]
Singapore’s Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation

Singapore’s Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation

According to Menon, while the digital asset ecosystem uses blockchain, distributed ledger technology and tokenization to allow "anything of value to b [...]
Singapore’s Central Bank Asks Crypto Firms to Submit Business Data: Report

Singapore’s Central Bank Asks Crypto Firms to Submit Business Data: Report

Last month, MAS had asked some digital asset companies for their business related data, including top tokens owned, top lending and borrowing counterp [...]
Singapore’s financial watchdog pushes back against Terra and 3AC associations

Singapore’s financial watchdog pushes back against Terra and 3AC associations

Ravi Menon, the managing director of the Monetary Authority of Singapore, or MAS, said companies often labeled by the media in connection to the recen [...]
Singapore’s financial watchdog considers further restrictions on crypto

Singapore’s financial watchdog considers further restrictions on crypto

The Monetary Authority of Singapore, or MAS, has been “carefully considering” adding restrictions that could affect how retail investors handle crypto [...]
Singapore’s Monetary Authority Finally Notices Three Arrows’ Capital AUM Discrepancy; Bitcoin Holds Above $19K in Weekend Trading

Singapore’s Monetary Authority Finally Notices Three Arrows’ Capital AUM Discrepancy; Bitcoin Holds Above $19K in Weekend Trading

"Bitcoin price action remains weak, with some volatility seen on both sides, which is typical in pauses between trend continuations," Joe DiPasquale, [...]
Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds

Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds

Bitcoin was recently trading above $31,000, up nearly 6% over the past 24 hours and more than 16% from the $26,600 depths it sank to mid-Friday. "Bitc [...]
Singapore’s Distaste for Retail Crypto is Spooking Institutional Money

Singapore’s Distaste for Retail Crypto is Spooking Institutional Money

"There’s a fascinating discussion to be had about whether what Hwang did was full-blown fraud, but I won’t bother trying to outdo Matt Levine on that [...]
First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?

First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?

There was no apparent, clear explanation about a Singapore regulatory agency's decision to place crypto fund DeFiance Capital on an "Investor Alert Li [...]
Paxos secures approval from Singapore’s financial regulator

Paxos secures approval from Singapore’s financial regulator

The Monetary Authority of Singapore, or MAS, has granted stablecoin issuer Paxos regulatory approval to offer crypto services to local companies.In a [...]
Singapore’s Q4 2021 GDP to Come in Lower Due to Omicron

Singapore’s Q4 2021 GDP to Come in Lower Due to Omicron

Economists polled by Reuters expect Singapore’s economic growth to cool down in Q4 2021 as a result of worries about the Omicron variant. According [...]
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