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 st...
Tag: Singapore
Coinbase Makes Changes to Services in Canada, Japan, Singapore to Comply With Local Crypto Regulations – Exchanges Bitcoin News
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 t...
Coinbase to Monitor Crypto Transfers for Users in Singapore, Japan, Canada
Certain users will have to provide additional information when sending cryptocurrencies, said exchange giant Coinbase. In a bid to comply with local regulations, customers in Canada, Japan, and Singap...
The Best Is Yet to Come in Singapore: Blockchain Fest 2022
A two-day hybrid Blockchain Fest in Marina Bay Sands will be a leading Asian gathering of senior decision-makers discussing the impact of blockchain and crypto technologies on industries The event wil...
Coinbase to track off-platform crypto transfers in Canada, Singapore, Japan
Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan. Effective from April 1, Coinbase...
Singapore and Cambodia Central Banks Exploring CBDC
The central banks of Singapore and Cambodia are exploring central bank digital currencies (CBDCs) as crypto interest grows among ASEAN countries, said during a panel discussion at the China Conference...
Successful In China, U.S. Accountant Looks To Southeast Asia For New Growth
Southeast Asia offers good growth prospects for global investors, says Drew Bernstein, co-chairman … [+] of New York-headquartered MBP. The accounting firm plans to open an office in Singapore i...
Singapore High Court Recognises Crypto As ‘Property’ In A Judgement
Countries around the globe are struggling to identify Cryptocurrencies under certain categories. On the other hand, the High Court of Singapore in a judgment recognized ‘Cryptocurrency as property’. T...
Singapore to ease Covid measures; drops outdoor mask mandate
Office workers walk out for lunch break at Raffles Place financial business district in Singapore on January 4, 2022. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore will ease most of its Cov...
Falcon Business Research Announces Blockchain Conference & Awards 2022 on 4-5 July 2022 in Singapore – crypto.news
Singapore— 21 March 2022Date — The Blockchain in Singapore conference and awards is the leading crypto and blockchain conference in the APAC since 2018, there is nothing like interacting with a live s...
Hotel Tycoon Ong Beng Seng, Temasek Units Win Bid For Singapore Press’ Properties
Shoppers and pedestrians walk past the Paragon shopping mall, the crown jewel in SPH’s property … [+] holdings, on Orchard Road in Singapore, on June 14, 2012. Munshi Ahmed/Bloomberg A con...
All the Best is Yet to Come in Singapore: Blockchain Fest 2022
Place/Date: Singapore – March 22nd, 2022 at 8:56 pm UTC · 2 min read Contact: Laura Mirnaya, PR, Source: Blockchain Fest 2022 A two-day hybrid Blockchain Fest in Marina Bay Sands will be a leadi...
Falcon Business Research Announces Blockchain Conference & Awards 2022 On 4-5 July 2022 In Singapore
Place/Date: Singapore – March 22nd, 2022 at 9:06 pm UTC · 3 min read Contact: Abrar Baba , Source: Falcon Business Research The Blockchain in Singapore conference and awards is the leading crypt...
TP ICAP to Launch Electronic FX Trading Platform in Singapore
TP ICAP Group announced on Thursday that it is going to launch an electronic Foreign Exchange trading platform in Singapore. The company is also receiving support from the Monetary Authority of Singap...
Singapore Includes Crypto Institutions in Broadening Sanctions Against Russia
Singapore’s central bank, the Monetary Authority of Singapore, expanded its broadening unilateral financial measures against Russia by including cryptocurrency exchanges and services. The move is the ...
NFT Taxation Comes to Singapore
As reported by The Business Times, Singapore Finance Minister Lawrence Wong announced on March 11 that NFT owners in Singapore will start paying taxes on their investments. Income tax treatment will b...
Australian Billionaires Invest $152 Million In Undersea Solar Power Cable Link To Singapore
Andrew Forrest, founder of Global Rapid Rugby, attends a match between the Asia Pacific Dragons and … [+] Western Force at Queenstown Stadium on May 5, 2019 in Singapore. Suhaimi Abdullah/Getty ...
NFTs Will Be Taxable In Singapore
Lawrence Wong, Finance Minister of Singapore, made an announcement that any transaction related to Non Fungible Tokens in nation will now be taxable. Australia and United States are already applied ta...
Singapore Ponders How Best to Regulate Retail Cryptocurrency Trading
It was once the go-to destination for crypto firms after China pulled the plug in 2017. But now as retail interest increases, Singapore is having to re-think its attitudes towards cryptocurrencies. Th...
Sygnum Singapore Receives In-Principle Approval to Enhance Regulated Activities
The digital asset services provider, Sygnum Singapore recently announced that it has gained in-principle approval from the Monetary Authority of Singapore (MAS) to conduct additional activities under ...
Singapore Says Its New Tax Rules Also Apply To NFT Transactions
Singapore Finance Minister Lawrence Wong announced that the country’s income tax rule also extends to income from all forms of non-fungible token (NFT) transactions. It means that those trading in NFT...
Singapore Finance Minister Announces NFT Tax
Singaporean Finance Minister Lawrence Wong announced taxes on transactions involving non-fungible tokens on March 11, 2023, which will be based on the nature and use case of the specific NFT. The tax ...
Singapore Will Impose Additional And Cryptocurrency Transactions Prohibitions On Russians
According to official figures from the Ministry of Commerce and Industry, Singapore’s trade with Russia was $3.7 billion last year. The island nation got only about 0.8% of its overall imports f...
Singapore to Tax Income Generated From NFT Transactions
Singapore’s income tax treatment will be determined based on the nature and use of the NFT. Taxing NFTs According to the latest report by The Business Times, Singapore Finance Minister Lawrence Wong w...
Paxos Gets Nod to Operate Digital Payments Token Services in Singapore
Paxos, a New York-based financial institution and technology company, specializing in blockchain, announced on Thursday that it obtained approval from the Monetary Authority of Singapore (MAS), the Ce...
Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong
In Asia, Singapore extends taxes imposing on Non-Fungible Token (NFT) transactions, according to local media CNA. Speaking to the parliamentary reply on Friday, Singapore Finance Minister Lawrence Won...
Paxos Gains In-Principal Approval from Singapore Regulator
Paxos, a cryptocurrency trading and custody platform, announced on Thursday that it has received in-principal approval from the Monetary Authority of Singapore (MAS) for a license under the Payment Se...
Singapore To Charge Income Tax On NFTs, Says Minister
Current income tax rules in Singapore will apply to transactions involving non-fungible tokens (NFTs), Finance Minister Lawrence Wong reportedly said on Friday. But their application will depend on th...
PayPal to offer crypto payments in Singapore
TL;DR Breakdown • Financial institutions will promote crypto investments and brokerage in Asia.• Paypal partners with Paxos to bring crypto payments to Asia. Recently, the financial institution Paxos ...
Crypto firm Paxos receives in-principle approval from Singapore regulator
advertisement Crypto firm Paxos, which offers brokerage, custody and stablecoin services, has received in-principle approval from the Monetary Authority of Singapore (MAS). It makes Paxos the first cr...
Singapore on allowing vaccinated travelers without quarantine
Singapore wants to eventually allow all travelers to skip quarantine in the country as long as they are vaccinated, Transport Minister S. Iswaran said. In an interview with CNBC on Thursday, he said: ...