Bookmarking Crypto Insights
Auto Added by WPeMatico
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
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
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
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 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
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
According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners. Bitdeer’s chief executive officer Matt Kong details that “opportunities” arise in “every cycle.” Bitdeer Wants to Acquire Cheap Machines From Distressed Bitcoin Miners … Read more
Cost efficiencies, improved liquidity, 24/7 market access, and the removal of intermediaries were the main advantages’ cited which blockchain infrastructure has over current legacy systems. Go to Source Powered by WPeMatico
Singapore’s largest bank expanded crypto trading for accredited investors only, aligned with financial authorities’ views. Go to Source Powered by WPeMatico
The Terraform Labs co-founder faces charges in South Korea relating to the crash of the Terra ecosystems’ cryptocurrencies. Go to Source Powered by WPeMatico