Bookmarking Crypto Insights
Auto Added by WPeMatico
The Monetary Authority of Singapore wants to support crypto and blockchain adoption in the country but it’s also willing to recognize the risks. Go to Source Powered by WPeMatico
More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and cross-border nature of the transactions,” said the country’s central bank, the Monetary Authority of … Read more
Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding. Go to Source Powered by WPeMatico
Binance plans to “wind down” all services in Singapore by Feb. 13, 2022. Users are no longer allowed to deposit cryptocurrencies or fiat on the Binance.sg platform. Go to Source Powered by WPeMatico
Binance’s most recent acquisition is still subject to some regulatory requirements. Go to Source Powered by WPeMatico
The Singapore-based Bitget exchange has reportedly lost its license after a legal tussle with the agency for K-Pop boy band BTS. Go to Source Powered by WPeMatico
Singapore’s Coinstore crypto exchange has allotted $20 million for opening up three new offices in the Indian market. Go to Source Powered by WPeMatico
The new Bitcoin funds aim to provide simple and secure exposure to Bitcoin for professional investors. Go to Source Powered by WPeMatico
The green Bitcoin mining operator is also en-route to list on the NASDAQ exchange via a SPAC merger. Go to Source Powered by WPeMatico
Is Ethereum the blockchain of choice for financial institutions in Southeast Asia, or will companies seek alternatives due to limitations? Go to Source Powered by WPeMatico
