Investors have been reminded by the Singapore Police Force to be wary of websites that falsely claim they can assist them in recovering assets from the cryptocurrency exchange FTX, which has now gone ...
Tag: Singapore
Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX – Featured Bitcoin News
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-F...
How Singapore and Hong-Kong Battling to Become ‘Asian Crypto Hub’
The two major Asian crypto hubs, Singapore and Hong-Kong, strongly accept and support crypto projects. Throughout the year, major acquisitions by these two crypto hubs have been seen. But, after the F...
Temasek writes down $275 million investment in FTX
Temasek, Singapore’s sovereign wealth fund that manages about $300 billion, has written down all of its $275 million investment in FTX and FTX US. Temasek had invested $210 million for a 1...
Singapore Blockchain-Based Securities Exchange Scores $20 Million In KB Securities-Led Funding
Oi-Yee Choo, CEO of ADDX. ADDX Singapore-based ADDX, which operates a securities exchange powered by blockchain technology, announced on Tuesday that it had secured roughly $20 million in a fundraisin...
Singapore regulator says FTX doesn’t operate in the city-state
The Monetary Authority of Singapore, the city-state’s central bank and financial regulator, clarified that FTX — which filed for Chapter 11 bankruptcy protection — does not operate in the countr...
Singapore And New York Regulators Explore Cross-border CBDC PaymentS ⋆ ZyCrypto
Advertisement     In a media press release dated November 11, 2022, the Monetary Authority of Singapore (MAS) and the New York Fed announced a collaboration project (P...
New York Fed collaborates with Singapore MAS to explore CBDCs
The New York Innovation Center (NYIC) of the Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) will launch a joint experiment with wholesale central bank digital currencie...
Chia Network Establishes Official Singapore Entity and Begins Operations
SINGAPORE & SOUTH SAN FRANCISCO–(BUSINESS WIRE)–Chia Network, Inc. (“Chia”) founded by Bram Cohen to provide an open-source, public blockchain optimized for real-world adoption, today announced th...
Wealthy Chinese Lead Home Purchases In Singapore, Sending Prices Soaring
This story appears in the November 2022 issue of Forbes Asia. Subscribe to Forbes Asia Lauryn Ishak/Bloomberg This story is part of Forbes’ coverage of China’s Richest 2022. See the full list here. Si...
Binance’s FTX Bailout: Singapore Government Involved Indirectly
FTX’s largest Singapore government-owned investor Temasek on Wednesday said it is engaging with FTX amid the bailout by rival crypto exchange Binance. Temasek has participated in three funding rounds ...
Singapore State Investor Temasek Engaging With FTX For Bailout
There could be a surprising twist in the drama surrounding Sam Bankman-Fried’s insolvent crypto exchange FTX. As reported by The Straits Times, a possible government takeover by Singaporean state inve...
Singapore state investor Temasek engaging with FTX as a shareholder: Reuters
Singapore government-owned investment firm Temasek said it’s monitoring the situation with crypto exchange FTX, one of its investments, according to Reuters. “We are aware of the de...
Singapore Caregiving Platform Homage Hustles To Keep Up With Demand For Care As Asia Ages
As Asian populations grow older, Homage CEO Gillian Tee is growing the digital platform’s pool of caregivers, nurses and doctors to meet rising demand. Gillian Tee was 10 when the elderly nanny ...
Do Kwon faces new $56 million lawsuit in Singapore over role in Terra crash
Troubled Terraform Labs founder Do Kwon is facing a new representative action lawsuit in Singapore regarding his role in the Terra (LUNA) crash. The suit worth $56.9 million was filed by over 300 pla...
Coinbase CEO Criticizes Singapore For Tightening Regulations On Retail Trading
Recently, the CEO of Coinbase, Brian Armstrong, attended the Singapore Fintech Festival (SFF) 2022 event. On this occasion, he stated that regulation can protect retail users of the crypto assets whil...
Pansori And K-Pop Electrify The Timeless Tale Of ‘The Trojan Women’
Music for ‘The Trojan Women was created by pansori singer Ahn Sook-sun and k-pop composer Jung … [+] Jae-il. BAM Euripides’ story of The Trojan Women takes place after the fall of Troy, as...
Global tech innovazion summit & awards – Singapore
Where Technology Transforms Lives! Following the success of the first edition Global Tech Innovation Summit in UAE where tech pioneers, crypto projects, VC’s, Business entrepreneurs, individual invest...
MAS Initiates CBDC Project—Yet Aspires to Make Singapore Crypto Hub, Again!
In its press release, the Monetary Authority of Singapore(MAS) informed about the launch of Ubin+ ambition to explore the use of central bank digital currency(CBDC) for cross-border currency transacti...
Singapore Tests Institutional DeFi on Ethereum, Welcomes USDC Issuer
The Monetary Authority of Singapore’s (MAS) decentralized finance pilot program just executed “the first real-world use case for institutional-grade DeFi protocols,” Aave founder Stani Kulechov told D...
HashKey Capital obtains license from Singapore regulator
Singapore’s financial regulator granted HashKey Group’s investment arm a license to operate in the city state. The firm announced today that it has received approval for a Capital M...
Terra’s Do Kwon Is in Europe After Fleeing Singapore: Report
Key Takeaways The Korean Broadcasting System reported today that Do Kwon, CEO of Terraform Labs, is residing in Europe. Kwon previously fled Singapore and South Korea and is wanted on charges of fraud...
Singapore permits stablecoin issuer circle in-principle license to propose payment products
The Monetary Authority of Singapore has approved Circle’s license. The license was about in-principle acceptance for massive payment institutions. The MAS approved the license on November 2, 2022. Sta...
Singapore will be a crypto hub but not for speculative trading, MAS says
Singapore and Hong Kong are two financial hubs looking to peep each other to the goal of becoming the de facto crypto and financial innovation hub in Asia. Notably, Singapore ranks third behind London...
Paxos And USDC Issuer Circle Receive Regulatory Approval From Singapore
In a recent development, the stablecoin issuers Circle and Paxos have received approvals in Singapore. According to the report, the Monetary Authority of Singapore (MAS) signed the licenses for the fi...
Singapore wants to be a crypto hub, but not for crypto speculation
In this 2013 photo, Singapore’s central business district is shown at dusk. Edward Tian | Moment | Getty Images Singapore still wants to be a hub for digital assets, but not one for speculating ...
Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says – Exchanges Bitcoin News
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes af...
JPMorgan Makes First DeFi Transaction With Singapore Central Bank
JPMorgan has participated in its first ever decentralized finance (DeFi) transaction, in partnership with Singapore’s central bank. The transaction was one of a handful marking the launch of Project G...
USDC Issuer Circle Receives License To Operate in Singapore
11 seconds ago | 2 mins read Altcoin News The USDC issuer reportedly kept recruiting new staff members in Singapore. Stablecoin issuer, Paxos, acquired the same digital-token payment services license....
Circle and Paxos Secure Regulatory Approval in Singapore
The issuer of the stablecoin USDC – Circle – and the blockchain infrastructure platform – Paxos – received licenses from the Monetary Authority of Singapore (MAS) to offer services in the city-state. ...
Stablecoin issuers Circle and Paxos gain approvals in Singapore
Stablecoin issuers Circle and Paxos have each received approvals for their respective licenses from the Monetary Authority of Singapore (MAS), the city-state’s central bank. Circle received in-princip...