Paxos has partnered with Singapore’s largest bank to launch USDG stablecoin

Nov 1, 2024

Paxos has partnered with Singapore’s largest bank to launch USDG stablecoin

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

Singapore’s central bank will require crypto firms to comply with AML rules

Apr 2, 2024

Singapore’s central bank will require crypto firms to comply with AML rules

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

Singapore’s regulator refuses to allow spot BTC ETFs into the local market

Jan 18, 2024

Singapore’s regulator refuses to allow spot BTC ETFs into the local market

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

Singapore authorities propose to ban retail investors from crypto lending and staking

Jul 3, 2023

Singapore authorities propose to ban retail investors from crypto lending and staking

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

​Singapore authorities will help banks set uniform standards for the crypto business

Apr 6, 2023

​Singapore authorities will help banks set uniform standards for the crypto business

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

​Singapore police launch investigation into the Terraform Labs activities

Mar 7, 2023

​Singapore police launch investigation into the Terraform Labs activities

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

​Singapore’s DBS Bank will start providing crypto services in Hong Kong

Feb 13, 2023

​Singapore’s DBS Bank will start providing crypto services in Hong Kong

The bank positively assessed the policy of the authorities of the special administrative region of China in terms of digital assets

​Former BitMEX CEO sues the exchange for wrongful dismissal

Dec 19, 2022

​Former BitMEX CEO sues the exchange for wrongful dismissal

Alexander Höptner claims that the platform conducted a “baseless” internal investigation against him

​Asia’s largest investment company Temasek will write off more than $200 million of investments in FTX

Nov 16, 2022

​Asia’s largest investment company Temasek will write off more than $200 million of investments in FTX

Representatives of the firm noted that the bankruptcy of the trading platform will not have a significant impact on its financial position

​Bybit refuses to impose sanctions against Russian users

Nov 4, 2022

​Bybit refuses to impose sanctions against Russian users

A source close to the company told GetBlock Magazine

Media: Singapore’s regulator urges local crypto exchanges to comply with sanctions against Russians

Oct 31, 2022

Media: Singapore’s regulator urges local crypto exchanges to comply with sanctions against Russians

Research has found that pro-Russia groups have raised millions of dollars in cryptocurrency donations to support Moscow's war in Ukraine

Singapore’s users file a class action lawsuit against Terraform Labs CEO of $57 million

Oct 29, 2022

Singapore’s users file a class action lawsuit against Terraform Labs CEO of $57 million

The plaintiffs claim that Do Kwon knowingly knew about the vulnerabilities of the UST stablecoin