11 mins ago | 2 mins read Exchange News By utilizing any Singaporean bank, clients may make free interbank transfers. Coinbase has included the Singpass digital identification app. In order to make si...
Tag: Singaporean
Bitcoin Deposits to Singaporean Digital Asset Bank Doubles in 2022
DBS saw an 80% rise in BTC trades and twice the deposits from the previous year. The bank’s ETH custody rose by 60%, while the traded volume increase by 65%. DDEx is a members-only exchange for corpor...
Troubled Singaporean crypto lender Hodlnaut seeking buyers
The troubled Singaporean cryptocurrency lending firm Hodlnaut is negotiating the sale of its business and other assets with several potential investors. Hodlnaut’s FTX accounts held 514 Bitcoin (BTC),...
Three Arrows Capital Liquidators Seize $35.6M From Singaporean Banks
On July 6, five days after Three Arrows, which is also known as 3AC, filed for bankruptcy, Su and Davies appeared at an introductory Zoom call with lawyers for the hedge fund, but kept their cameras a...
Singaporean Crypto Exchange Next to Close Doors After FTX Collapse
BITFRONT, a cryptocurrency exchange, announced its closure on Monday. The Singapore-based crypto exchange notified users via a website notice, highlighting challenges in the nascent crypto industry. T...
Singaporean Gaming Blockchain Oasys Unveils Mainnet Launch – crypto.news
Singapore-based blockchain firm Oasys has announced that it will fully launch its mainnet in three phases starting today until November 22. The latest move follows a year of intensive partnership-buil...
Singaporean Police Force Claims Do Kwon is Not in Singapore
The Singapore Police force has made it known that Kwon is not in Singapore. This statement comes after a Spokesperson claimed that Kwon and five other individuals were issued an arrest warrant and wer...
SBI Digital Markets Receives Singaporean Capital Markets License
Japan financial amalgamation SBI Digital Markets Pte. Ltd has announced that its subsidiary SBI Digital Asset Holdings has been granted a Capital Markets Services license by the Monetary Authority of ...
Hodlnaut Could Collapse If It Complies With Singaporean Police
Key Takeaways Hodlnaut has revealed that the Singapore Police Force demanded money via a transfer order in July. That transfer order concerns $127 million in an account belonging to one customer, Samt...
Property Firms Owned By Tycoons Kwek Leng Beng, Mochtar Riady Post Robust Earnings As Hotels Recover
The 1,080 Hilton Singapore Orchard opened in February in time for the resumption of international … [+] travel into the city-state. Courtesy of Hilton Real estate companies controlled by Singapo...
Singaporean Crypto Lender Hodlnaut Freezing Withdrawals Due to ‘Difficult Market Conditions’
Apart from halting withdrawals, Hodlnaut has also informed Singapore’s Monetary Authority (MAS) about withdrawing its license application that received in-principle approval from the central bank back...
Singaporean financial watchdog to consult public on stablecoin regulation
The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins. Current guidelines focus on Know Your Customer (...
Ripple Joins Forces With Singaporean Fintech Giant to Improve Cross-Border Payments
The blockchain company – Ripple – teamed up with the Singaporean fintech firm – FOMO Pay, aiming to boost its cross-border treasury flows. Ripple’s Latest Partnership As a digital payment system for m...
Pop Star JJ Lin Joins Singaporean Scions To Build ‘Web2.5’ NFT Community
After nearly two decades in the music industry, Singaporean pop star JJ Lin is collaborating with two next-generation tycoons to cofound ARC, an app-based digital community that authenticates member p...
Singaporean Court Blocks Sale of a Bored Ape (BAYC) NFT: Report
A Singaporean citizen has managed to successfully block the sale of one Bored Ape Yacht Club (BAYC) NFT through a court-ordered injunction. According to the court filing seen and reported by Bloomberg...
Singaporean watchdog tightens crypto license acquisition process
Considering the upper risk concerned in crypto, the Financial Authority of Singapore (MAS) has tightened the procedure to approve a crypto license for digital quality providers, creating the regime a ...
Singaporean investors’ appetite for crypto is key to mainstream adoption — Survey
As Singapore continues to play an active role in boosting crypto adoption across the Asia-Pacific region, the country’s first licensed crypto exchange Independent Reserve conducted a retail-focused su...
Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership
Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments. As per the announceme...
Crypto breaking: Amber valued $3 billion in Singaporean investment
A funding round led by Singaporean state-owned investment firm Temasek Holdings, Amber, a bitcoin finance service provider, has been valued at $3 billion. The new funds will be used to make “cri...
Crypto trading firm Amber valued at $3B after big Singaporean investment
Crypto finance service provider Amber has landed a valuation of $3 billion following a funding round led by Singaporean state-owned investment firm Temasek Holdings. Amber Group was able to raise $20...
Billionaire Peter Lim’s Son Democratizes Sports Ownership With World’s First Professional Soccer DAO
CO92 DAO Founder Kiat Lim. Courtesy of CO92 DAO Entrepreneur Kiat Lim has launched the world’s first professional football decentralized autonomous organization (DAO), dubbed CO92 DAO, to allow fans t...
Singaporean healthcare services firm Zuellig Pharma: Uses a blockchain network to fight against COVID-19
Zuellig Pharma, a Singaporean healthcare services firm, is tracking COVID-19 vaccines using a blockchain-based network to prevent practitioners from providing outdated vaccines. The SAP blockchain is ...
More fertile lands: Singaporean developer to set up over 1000 mining rigs in Malaysia
Many might be quarantining at home or living again under lockdown due to the Omicron variant of COVID-19. In the crypto sector, however, major travel and building plans are being drawn up. Crazy Rich ...
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...