Bookmarking Crypto Insights
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The firm planned to launch a digital asset securities platform in Singapore, as well as provide custody, capital markets products, and corporate finance advisory services. Go to Source Powered by WPeMatico
The service provider also announced the launch of a new system upgrade to increase yield efficiency. Go to Source Powered by WPeMatico
The decision on the civil lawsuit might affect a trial court in South Korea. Go to Source Powered by WPeMatico
Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions. Go to Source Powered by WPeMatico
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable for use as money and as highly hazardous for retail investors,” said the central bank chief. New Rules May Be Coming to Retail Crypto Investors in Singapore Ravi Menon, the managing director … Read more
Rumor has it that they are heading to or already in Dubai, says a lawyer with 30 years of experience. But can they stay there forever? Go to Source Powered by WPeMatico
Regulators in Singapore say cryptocurrencies are problematic due to high market volatility and warn against retail investments in cryptocurrencies. Go to Source Powered by WPeMatico
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules, the authority is trying to get a clearer idea of their financial state, knowledgeable sources … Read more
The MAS reportedly asked crypto firms about their owned tokens, top lending and borrowing counterparties, loans and top tokens staked via DeFi. Go to Source Powered by WPeMatico
DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto Customers Bought the Dip DBS, … Read more