Singapore is planning to introduce new regulations that will tighten the trade of cryptocurrencies by retail investors, according to one of the country’s leading regulatory officials. The step is bein...
Tag: Singapore
Singapore takes measures to make crypto trading difficult for retail investors
Regulatory agencies in Singapore are looking to deter retail traders from investing in the cryptocurrency market. The regulators are tightening their noose over the sector following the rapid growth i...
Singapore considers stricter crypto regulations to protect retail traders
Singapore plans to increase the entry barrier into cryptocurrency trading for retail investors because they are “oblivious” to the associated risks, according to a speech delivered by the Monetary Aut...
Singapore Considers Enhancing Crypto Consumer Protection via Suitability Tests & Leverage Cuts
The Monetary Authority of Singapore (MAS) is weighing the option of propelling ways of protecting consumers trading cryptocurrencies through new measures like suitability tests. Speaking at an event o...
Singapore Says Crypto Ban For Retail ‘Not Likely to Work’
A ban on retail trader’s access to crypto can’t overcome citizen’s ability to circumvent it, according to MAS’ head, Ravi Menon The central bank is weighing measures to introduce a customer suitabilit...
Singapore Plans to Make Crypto Trading More Difficult for Retail Investors
Regulators in Singapore are tightening their grip over crypto trading activities in the country. On Monday, August 29, the chief of Singapore’s central bank said that the city is considering new measu...
MAS takes action against liquidity issues among crypto firms In Singapore
In reaction to the liquidity and withdrawal crisis that has befallen crypto firms, the Monetary Authority of Singapore (MAS) has set up numerous measures. The MAS has commenced operations to usher in ...
Amid Cryptoquakes Singapore Plans To Broaden Crypto Regulations
Monetary Authorities in Singapore (MAS) are heating up the crypto industry in the country. MAS is questioning the crypto lenders to share detailed documents about their business activities. The Centr...
3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report
According to a document seen by Bloomberg, Zhu delivered the affidavit in person on Aug. 19. In it, Zhu states that Teneo “had not provided an entirely complete or accurate version of events” to the S...
3AC Co-founder Su Zhu Opposes Asset Liquidation in Singapore
14 mins ago | 2 mins read Bitcoin News The Singapore High Court granted Teneo’s petition to seize and liquidate 3AC’s assets. The firm filed for bankruptcy in the British Virgin Islands at the end of ...
Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils – Regulation Bitcoin News
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information abou...
Singapore MAS examines crypto firms ahead of new regulations: Report
The Monetary Authority of Singapore (MAS) has started taking measures to prepare for new cryptocurrency regulations addressing the ongoing liquidity crisis and withdrawal issues. Singapore’s central b...
Singapore is getting serious with crypto scrutiny- Here’s how
According to Bloomberg report, Singapore is tightening up its surveillance of cryptocurrency-related businesses. The country is adopting these measures in light of the upcoming legislative reforms. Ac...
Singapore Amps Investigation Of Crypto Firms, Plans On Introducing New Regulations
The Singapore Central Bank has mentioned that it aims at creating stronger safeguards in order to protect retail customers. MAS has also been consulting the public for stablecoin regulation. Citing pe...
Singapore Central Bank Probes Crypto Outlets Ahead of Regulations
The Monetary Authority of Singapore (MAS) is surveying cryptocurrency-related firms operating in the city-state ahead of a planned regulatory overhaul. The MAS issued a questionnaire to various appli...
Three Arrows Capital Challenges Liquidation In Singapore As MAS Strengthens Oversight
Three Arrows Capital’s co-founder Su Zhu believes court-appointed liquidator Teneo mislead the Singapore High Court to gain approval for liquidating Three Arrows’ assets in Singapore. Su Zhu submitted...
Singapore follows El Salvador’s footsteps on Bitcoin
Singapore, the city-state south of Malaysia, attracts capital from around the world and, unlike El Salvador, has a very different balance of state and international reputation. It has long been adopti...
Zip Mex, A Singapore Crypto Trading Platform, Goes Bankrupt
Another crypto bankruptcy declaration is in the books. Following several straight weeks of bearish trends and companies either liquidating or being forced to declare bankruptcy, it appears another fir...
Singapore Tycoon Cheng Wai Keung’s Wing Tai Posts Robust Profit On Property, Uniqlo Contributions
A man exits a Uniqlo store at the Orchard Central shopping mall in Singapore, on June 3, 2018. Nicky Loh/Bloomberg Wing Tai Holdings—controlled by tycoon Cheng Wai Keung—said Thursday its net profit m...
Qantas CEO blames ‘little’ government help and Covid for lagging peers
Qantas CEO Alan Joyce told CNBC the airline was not able to return to profit as quickly as other carriers like those in Singapore because it did not receive as much government support and faced a R...
Singapore Court Greenlights Inquiry Into Three Arrows Capital Finances : Report
The Singapore High Court on Monday approved a petition from advisory firm Teneo to recognize the liquidation order issued to crypto hedge fund Three Arrows Capital (3AC), according to a Bloomberg repo...
Three Arrows Capital liquidators get approval from Singapore High Court on liquidation order: Bloomberg
Teneo, the financial advisory firm appointed to liquidate the assets of defunct crypto hedge fund Three Arrows Capital, secured recognition from the Singapore High Court to probe the hedge fund’s loca...
Singapore Court Approves Liquidator’s Probe into Three Arrows
Three Arrows Capital’s (3AC) liquidators have secured a key court decision in Singapore that may give them greater insight into the collapsed crypto hedge fund’s remaining assets. According to a Bloom...
Three Arrows Liquidators Granted Singapore Court Clearance To Investigate Crypto Fund
The liquidators of Three Arrows Capital were granted an important court ruling in Singapore, which is expected to offer them with a broader perspective into the bankrupt crypto hedge fund’s residual a...
Singapore High Court Approves Liquidator’s Probe Into Three Arrows Capital Assets ⋆ ZyCrypto
Advertisement     The Singapore High Court has formally recognized the liquidation order against the insolvent crypto hedge fund Three Arrows Capital. The ruling allow...
Singapore Hight Court Accepts Liquidation Order of Defunct Crypto Hedge Fund 3AC: Report
The high court order states any parties with information in connection to “the promotion, formation, business, dealings, affairs, property, rights, obligations or liabilities of Three Arrows Cap...