Singapore MAS proposes to ban cryptocurrency credits
Crypto service providers should not provide any credit facility or accept payments from credit cards from their customers, the MAS suggested. Go to Source Powered by WPeMatico
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HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to invest in crypto or already have holdings. Go to Source Powered by WPeMatico
Interpol Team Based in Singapore to Help Countries Combat Crypto Crime
A special team established by Interpol in Singapore will assist governments around the world in the fight against crimes involving virtual assets, the international police body announced ahead of its general assembly in India. Cryptocurrency and cybercrime will be the main focus of the forum. Interpol Sets Up Unit to Tackle Crypto-Related Crimes, Top Executive … Read more
Interpol reportedly creates dedicated unit to fight crypto crimes
Law enforcement agencies are “very often” not properly trained or equipped to track crypto crimes, Interpol secretary general Jürgen Stock said. Go to Source Powered by WPeMatico
Coinbase Receives In-Principle Approval to Provide Crypto Services in Singapore
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has given Coinbase “in-principle approval” allowing the crypto exchange to “offer regulated digital payment token products and services in the island state.” Coinbase stressed: “Today’s announcement underlines our commitment to Singapore as a regional hub.” Coinbase Committed to Making Singapore Its Regional Hub The Nasdaq-listed crypto … Read more
Coinbase gains in-principle approval for Singapore crypto license
The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it’s also working with local industry groups to improve regulations. Go to Source Powered by WPeMatico
Anchorage co-founder to US regulators: ‘What we want is clarity’
There’s “15 different regulators” and “basically no clarity” when it comes to cryptocurrency regulation in the United States, according to Diogo Mónica. Go to Source Powered by WPeMatico
Three Arrows Capital’s NFTs collection to be liquidated
As part of 3AC’s bankruptcy proceedings, over 300 NFTs from Starry Night Capital were moved this week. Go to Source Powered by WPeMatico
Anchorage co-founder sees ‘tons of opportunity’ as it expands into Asia
Anchorage Digital has marked its plans for expansion into the Asian crypto market, with co-founder Diogo Mónica noting that Singapore is just a starting point. Go to Source Powered by WPeMatico
Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN
Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital follows the startup’s seed round in 2019 when Juno raised $3 million from investors. Juno Raises $18 Million in a Funding Round Led … Read more
