All by tag: Singapur

The exchange promises zero fees and new security measures to regain the trust of the Indian crypto community

The court’s decision paves the way for compensation payments to more than 150 000 users and the resumption of the crypto exchange’s operations

After June 30, fines and prison sentences will be imposed for violating the rules

The company plans to add more crypto payment options in the future

New products will not be available to retail investors

Experts interviewed by Bloomberg note that Singapore has a more favorable regulatory environment compared to Hong Kong

The asset is regulated by the Monetary Authority, acting as the central bank

Cryptocurrency activity due to the new amendments was included in the sphere of payment services, which are subject to similar requirements

At the same time, retail investors can trade shares of foreign funds through licensed brokers

In addition, by the end of the year, exchanges will be obliged to keep client assets in a trust

According to Bloomberg, work on the project has been going on for about six months

According to law enforcement authorities, the company’s co-founder Do Kwon is outside the city-state