Considered the tax haven for cryptocurrencies, Singapore has now decided to harden its stance on the trade of digital assets. The Monetary Authority of Singapore (MAS) aims to opt a brutal approach. M...
Tag: Singapore
Travelers return to Southeast Asia but inflation could hurt recovery
After more than two years of lockdowns and border controls, Southeast Asia is finally experiencing some semblance of the old days of travel. Flights are steadily returning to 2019 levels in the region...
Crypto.com and 2 Other VASPs Receive MAS Approval in Singapore
The Monetary Authority of Singapore (MAS) has granted in-principal approvals to three virtual asset service providers (VASPs), including Crypto.com, bringing the total number of legal players in the c...
Singapore Financial Data Startup To Double Down On Global Expansion After Insignia-Led Funding Round
Bluesheets cofounders Christian Schneider (left) and Clare Leighton (right). COURTESY OF Bluesheets Bluesheets, a two-year-old Singapore startup that uses AI-powered software to integrate financial da...
Singapore Regulator Says it will be Brutal and Unrelentingly Hard on Bad Behaviour in Crypto
In April, Three Arrows Capital, a hedge fund that said it’s suffered heavy losses in the recent market downturn, said it will quit Singapore for Dubai, as the regulatory environment sours. Earli...
Crypto.com scores approval from Singapore finance regulators
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 t...
Crypto.com Wins License Approval To Offer Payment Services From Singapore Regulator
Crypto trading platform Crypto.com has received a license approval from the Monetary Authority of Singapore. Crypto.com is a major exchange looking to expand its operations to the South-East Asia mark...
Crypto.com Wins Coveted Singapore License, Here’s What It Means
The Monetary Authority of Singapore granted in-principle approval to Crypto.com and three other crypto companies. Crypto.com, Genesis and Sparrow Tech join the other 11 crypto firms that were granted ...
Crypto.com secures regulatory approval to set up shop in Singapore
? Want to work with us? CryptoSlate is hiring for a handful of positions! Cryptocurrency platform Crypto.com has received in-principle approval from Singapore’s main market regulator for its Major Pay...
Crypto.com Receives Regulatory Nod in Singapore
Key Takeaways The Monetary Authority of Singapore has granted in-principle approval to Crypto.com. The firm still needs to obtain a license to expand its payment services in the nation. Crypto.comR...
Crypto.com gets approval to offer payment services from Singapore regulator
Major cryptocurrency exchange Crypto.com has received “in-principle” regulatory approval from the Monetary Authority of Singapore (MAS) and will soon offer payment services to customers in the country...
Australia, India, Singapore Help Fuel Executive Search Gains In Asia-Pacific As Covid Impact Wanes
“It’s a very good year,” says Boyden APAC board member William Farrell. Boyden Growing demand for business and engineering talent in Australia, India and Singapore is giving a boost to executive searc...
Gaming Hardware Giant Razer’s Venture Arm Leads $4 Million Investment In Singapore Crypto Payment Startup
TripleA founder and CEO Eric Barbier. COURTESY OF TripleA Zventures, the venture arm of Singapore billionaire Min-Liang Tan’s gaming hardware giant Razer, has led a $4 million funding round for Triple...
Travel costs are up but travelers aren’t canceling their plans yet
Summer travel talk sure isn’t what it used to be. Rather than sun, sand and surf, many travel discussions now center on inflation, rising fuel costs and flight cancellations, a situation which c...
Singapore Blockchain Fest gets 100% completion in 2022
After a successful edition in Limassol, the Singapore Blockchain Fest has led to a real awakening of Asian and European leaders from DeFi, mining, payment systems, crypto exchanges for 2 rush days. It...
Asia’s Largest Web3 Event TOKEN2049 Singapore Announces Title Sponsors
The region’s largest industry event features 14 leading organisations from across the crypto and Web3 ecosystem as Title Sponsors for its Singapore debut. [SINGAPORE, June 7, 2022] — TOKEN2049, Asia’s...
Jack Ma’s Ant Group Launched a Digital Bank Focused on Small Busineses in Singapore
Chinese billionaire Jack Ma’s Ant Group announced the soft launch of its Singapore-based digital bank – ANEXT Bank – on Monday, marking its latest foray in cracking into digital banking beyond its dom...
Alibaba’s Ant Group Floats New Digital Bank ANEXT in Singapore
Ant Group, a majority-owned fintech firm of Alibaba Group Holdings has launched ANEXT, a digital bank following a nod from the Monetary Authority of Singapore (MAS) earlier this month. The move comes ...
China’s Fosun Pharma Invests $158 Mln For 60% Stake In Singapore Cancer Treatment Centers
Guo Guangchang, chairman and co-founder of Fosun International, pictured in 2018. Guo is worth $4.6 … [+] billion on the Forbes Real-Time Billionaires List today. Photographer: Paul Yeung/Bloomb...
Ant Group Launches Neobank In Singapore: Details
Ant Group has recently announced the launch of a neobank in Singapore. Ant Group is the firm that is behind the largest digital payment platform in China, Alipay. Small and medium enterprises are goin...
Jack Ma’s Ant Group launches digital bank in Singapore
Ant Group, the company behind China’s largest digital payment platform Alipay, has launched a neobank in Singapore. Named Anext Bank, it will target small and medium enterprises (SMEs), it said...
Ant Group launches digital banking service in Singapore to serve small firms doing international trades
Chinese fintech giant Ant Group has launched a digital banking service in Singapore to serve the needs of small businesses doing cross-border trades. The wholesale banking service will be provided by ...
Billionaire Jack Ma’s Ant Group Launches Digital Bank In Singapore
A visitor takes a photo of Ant Group’s display at the 2021 China International Fair for Trade in … [+] Services in Beijing on September 5, 2021. An Xin/Costfoto/Future Publishing via Getty...
Ant Unveils Singapore Digital Bank in Southeast Asian Push
(Bloomberg) — Billionaire Jack Ma’s Ant Group Co. launched its digital bank in Singapore, as China’s largest online financial platform branches out of its home market amid regulatory headwinds. ...
Maker founder proposes endgame, Singapore explores DeFi and more
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...
Tycoons Gordon Tang’s SingHaiyi, Wee Cho Yaw’s UOL Offer Top Bids For Singapore Housing Plots
Singapore’s skyline during sunrise. getty SingHaiyi Group—controlled by Chinese tycoon Gordon Tang and his wife Celine—and banking and real estate billionaire Wee Cho Yaw’s UOL Group submitted t...
Billionaire Enrique Razon To Take Controlling Stake In Malampaya Gas Project From Tycoon Dennis Uy
Enrique Razon, chairman of International Container Terminal Services Inc. (ICTSI) and Bloomberry … [+] Resorts Corp., speaks during a Bloomberg Television interview at the Milken Institute Globa...
Malaysian Billionaire Francis Yeoh’s YTL Power Buys Singapore Gas-Fired Plant For $196.5 Million
Francis Yeoh, managing director of YTL Corp., poses for a photograph during the Milken Institute … [+] Asia Summit in Singapore, on Thursday, Sept. 13, 2018. Photographer: Paul Miller/Bloomberg ...
Singapore Financial Regulator Partners With Financial Industry Giants to Trial Digital Asset Use Cases – crypto.news
The Monetary Authority of Singapore (MAS), has collaborated with JPMorgan, DBS, and Marketnode, to run a digital asset pilot project exploring the use cases for tokenization and DeFi. MAS Begins Pilot...
Singapore Central Bank Opens Up To DeFi With JPMorgan
The Monetary Authority of Singapore (MAS) has teamed up with Wall Street giant JPMorgan to lead a pilot program exploring the true potential of Decentralized Finance (DeFi). Pilot Program To Explore ...
JPMorgan Dips Into DeFi With Singapore Pilot on Asset Tokenization
American investment bank JPMorgan Chase & Co is piloting the tokenization of DeFi on the blockchain, part of a project to explore the economic potential and value-adding use cases of cryptocurrenc...