singapore crypto – DIGIT INFO

US ‘far behind’ on crypto, election no quick fix: Ripple APAC boss

DIGIT — Fri, 20 Sep 2024 05:58:47 +0000

The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray.

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Singapore Imposes New Rules for Digital Payment Token Services

DIGIT — Tue, 02 Apr 2024 23:21:31 +0000

Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do not fulfill the requirements must cease the activities when the amendments come into […]

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Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance

DIGIT — Tue, 24 Jan 2023 03:00:05 +0000

Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. In addition, he stressed that regulators should provide “ultra clarity as to what’s an unregulated market,” so investors are aware that they go in at […]

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Singapore’s Deputy Prime Minister Advises Retail Investors to Steer Clear of Cryptocurrencies

DIGIT — Wed, 01 Jun 2022 10:30:51 +0000

Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns About Crypto Singapore’s Deputy Prime Minister Heng Swee Keat reportedly warned retail investors against investing in cryptocurrency Tuesday while speaking at the Asia Tech […]

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Crypto exchange Liquid attains Japanese derivatives licence

DIGIT — Thu, 28 Oct 2021 12:54:32 +0000

The exchange filed the application to Japan’s financial regulatory body in Q2 of 2020.

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Singapore Grants Crypto Licenses to DBS and Independent Reserve

DIGIT — Fri, 01 Oct 2021 14:30:30 +0000

The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk. Singapore’s Central Bank Formally Approves DBS and Independent Reserve […]

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Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore: Study

DIGIT — Tue, 17 Aug 2021 01:30:05 +0000

A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore, a joint study by Seedly, Gemini, and Coinmarketcap, was published Monday. It […]

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Singapore Allows Crypto Companies to Operate Without a License for 6 Months

DIGIT — Sat, 28 Mar 2020 04:30:17 +0000

The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno, Upbit, and Wirex. Also read: 2x Bitcoin — Wanna Double Your […]

The post Singapore Allows Crypto Companies to Operate Without a License for 6 Months appeared first on Bitcoin News.

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