Bitcoin ATMs have come to a grinding halt in Singapore due to a regulatory crackdown Similar advertising restrictions were in place in UK and Spain to review cryptocurrency advertising New guideline...
Tag: Singapore
Singapore Shuts down Crypto ATMs After Ban on Public Crypto Ads
All cryptocurrency ATMs in Singapore have been shut down by the Monetary Authority of Singapore, following the city-state’s prohibition of all crypto-related advertisements in public spaces. “To compl...
Redefining Success In The “New Economy”
We are coming up on two years of life with COVID-19. People are tired of lockdowns. They’re tired of travel restrictions. They’re tired of the ever-evolving virus that causes COVID-19. That exhaustion...
Singapore suspends cryptocurrency ATMs amid broader crypto crackdown
Singapore has announced the closure of cryptocurrency ATMs as part of their crackdown on cryptocurrency adverts. Daenerys & Co., Singapore’s largest operator of the machines, said “MAS’s new gui...
Crypto friendly Singapore clampdown on crypto ATM services
TL;DR Breakdown Singapore orders crypto ATM providers stops working. Move to regulate crypto advertising to the public. Crypto investors can still access crypto services through other platforms in Sin...
Crypto ATMs in Singapore shut down following newly released guidelines
Crypto ATM machines in Singapore are being taken offline following a crackdown on various crypto-related services. Crypto ATMs have become increasingly popular as they offer a convenient way for peopl...
Cryptocurrency ATMs Close Down in Singapore Following Central Bank’s Announcement – Regulation Bitcoin News
Cryptocurrency ATMs have closed down in Singapore following the guidelines issued by the central bank, the Monetary Authority of Singapore (MAS). “To comply with the sudden announcement, we have cease...
Bitcoin ATMs Shut Down In Singapore After MAS Curbs Crypto Advertising
Financial service regulator – Monetary Authority of Singapore has issued fresh guidelines to limit crypto trading by the public. It has also taken a firm stance and asked cryptocurrency companies to e...
Firms in Singapore Shutter Crypto ATMs Amid Advertising Crackdown
Cryptocurrency ATMs are shutting down across Singapore after the Monetary Authority of Singapore (MAS)—the city-state’s financial services regulator— announced a crackdown on crypto-related adve...
Singapore crypto ATMs shut down after central bank crackdown
The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state. According to Bloomberg, to comply with new regulations issued by the...
Billionaire Cousins Show Confidence In Singapore Property Market With Top Housing Site Bids Of $1 Billion
Apartment buildings on the east coast of Singapore on November 3, 2020. © 2020 Bloomberg Finance LP Singapore tycoon Kwek Leng Beng’s City Developments and his Malaysian billionaire cousin Quek Leng C...
Singapore Restricts Crypto Ads — Central Bank Says Crypto Trading Not Suitable for the General Public – Regulation Bitcoin News
Singapore’s central bank has issued guidelines to discourage cryptocurrency trading by the general public. The central bank emphasized that “the trading of cryptocurrencies is highly risky and not sui...
Singapore prohibits crypto firms from advertising publicly
Authorities in Singapore have stepped up their regulatory oversight of the crypto industry, with new guidelines prohibiting crypto service providers from promoting their services and products to the p...
Singapore Urges Local Crypto Companies to Refrain From Promoting Digital Assets: Report
The city-state’s central bank – the Monetary Authority of Singapore (MAS) – reportedly issued guidelines that limit crypto trading service providers from promoting such assets. The financial instituti...
Singapore Regulator Clamps Down on Crypto Advertising
The Monetary Authority of Singapore (MAS)—the city-state’s financial services regulator—has told crypto companies to stop advertising their products to the public. Digital payment token (DPT) c...
Singapore Looks to Curb Crypto Ads
The Monetary Authority of Singapore (MAS) issued a set of guidelines on Monday that limit crypto firms from advertising their services to the public. Digital payment token (DPT) service providers R...
Singapore curbs crypto marketing in digital asset crackdown
advertisement Singapore has cracked down on crypto marketing in a bid to curb a frenzy of retail trading in risky digital assets. In guidelines issued by the Monetary Authority of Singapore on Monday...
Singapore Tycoon Wee Cho Yaw’s UOB To Buy Citi’s Southeast Asia Consumer Business For $3.6 Billion
Wee Ee Cheong, chief executive officer of United Overseas Bank Ltd. (UOB), holds a news conference … [+] in Singapore, on February 22, 2019. Ore Huiying/Bloomberg United Overseas Bank—controlled...
Singapore Government Officials Urge Citizens To Use Caution When Dealing With Cryptocurrencies
While Singapore is going out of its way to become a hub for cryptocurrencies, officials have also sounded out the need to be cautious when dealing with crypto and chasing investment opportunities in t...
Sons of Singapore billionaires jump aboard the NFT train with ARC
Sons of two Singapore billionaires have teamed up to create ARC, a private social network based on NFTs. Kiat Lim, the son of financier Peter Lim, and Elroy Cheo, the heir of the edible oil business M...
Private NFT Club to be Developed by Singapore Tycoons’ Wards
Kiat Lim is the ward of Peter Lim, a financier, and Elroy Cheo, ward of the family that initiated Mewah, are planning a private NFT club. The scions are looking forward to the development of ‘ARC meta...
Singapore’s Next-Gen Tycoons Join NFT Craze With Launch Of Collaboration Platform For Entrepreneurs
ARC cofounders Elroy Cheo and Kiat Lim Courtesy of ARC Kiat Lim—son of Singaporean billionaire Peter Lim—has joined the craze for non-fungible tokens (NFTs) with the launch of a private digital commun...
Finalto Adds Singapore Equities CFDs to Its Offering
The award-winning global multi-asset liquidity provider and prime brokerage, Finalto has announced that it will add 32 leveraged equities belonging to some of the most prestigious companies listed on ...
Samtrade FX Stops Services amid Singapore Investigation
The online trading platform, Samtrade FX, which is facing an investigation in Singapore, has suspended both local and overseas operations through its operating entities and other affiliated entities. ...
Samtrade FX Faces Probe in Singapore, 3 Men Arrested
The online trading platform, Samtrade FX is facing an investigation in Singapore under the suspension of irregular trading activities, the Singapore Police Force and Monetary Authority of Singapore (M...