Singapore – Page 16

FOMO Pay taps Ripple’s liquidity solution for treasury management

Ripple has continued to see adoption for its remittance technology from private institutions despite the ongoing lawsuit in the U.S.

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The lasting agony of 3AC: Law Decoded, July 18-25

A crypto hedge fund co-founders acknowledge their mistakes, driven by bull market overconfidence.

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Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the ‘Whole Situation Is Regrettable’

This week the two co-founders of the embattled cryptocurrency hedge fund Three Arrows Capital spoke to Bloomberg about their fund crumbling at the seams. The co-founders Su Zhu and Kyle Davies did not disclose their whereabouts, but a lawyer who monitored the interview noted the duo is located in the United Arab Emirates. Zhu said […]

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Crypto lender Vauld seeks protection against creditors: Report

The crypto exchange, which is backed by Peter Thiel and Coinbase, halted withdrawals in July following an apparent run on its assets.

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Singapore’s financial watchdog pushes back against Terra and 3AC associations

According to the MAS managing director, TerraForm Labs, Luna Foundation Guard and Vauld were “not licensed or regulated” by Singapore’s financial watchdog.

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Singapore Considers Imposing New Restrictions on Crypto Trading

Singapore Reveals Plan to Implement More Restrictions on Cryptocurrency Trading Platforms

The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.” MAS Considers New Restrictions on Crypto Trading Tharman Shanmugaratnam, the minister in charge of the Monetary […]

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Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’

During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been waning, a recent study indicates that global regions like Singapore and Hong Kong lead the pack in terms of NFT interest. The research further suggests […]

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Singapore’s financial watchdog considers further restrictions on crypto

The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions.

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Singapore reprimands 3AC for providing false information

MAS said that the company had assets under management in excess of the permitted amount, and provided false information.

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Singapore Based Crypto Exchange Bybit Expands to Argentina

Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange will also have a dedicated team to support Argentinian operations. Bybit Lands in […]

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