Singapore bars crypto service providers from advertising in public spaces
The new regulations would only allow for advertisements on native websites and mobile apps for DPT companies. Go to Source Powered by WPeMatico
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Crypto makes history in 2021: Five instances of governments embracing digital assets
While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation. Go to Source Powered by WPeMatico
100 digital payment token firms in Singapore fail to win licenses: Report
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
100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation
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than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications.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
SBI Holdings invests in Singapore crypto exchange Coinhako
Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding. Go to Source Powered by WPeMatico
Binance Singapore withdraws crypto license application
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 Singapore arm acquires 18% stake in private stock exchange
Binance’s most recent acquisition is still subject to some regulatory requirements. Go to Source Powered by WPeMatico
Singapore suspends Bitget exchange license over K-Pop coin promotion
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
Singaporean crypto exchange enters India amid regulatory uncertainty
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
Two MAS-regulated Bitcoin funds launch in Singapore
The new Bitcoin funds aim to provide simple and secure exposure to Bitcoin for professional investors. Go to Source Powered by WPeMatico