The asset is regulated by the Monetary Authority, acting as the central bank
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Market
Nov 1, 2024
Paxos has partnered with Singapore’s largest bank to launch USDG stablecoinThe asset is regulated by the Monetary Authority, acting as the central bank
Crypto regulations
Apr 2, 2024
Singapore’s central bank will require crypto firms to comply with AML rulesCryptocurrency activity due to the new amendments was included in the sphere of payment services, which are subject to similar requirements
Crypto regulations
Jan 18, 2024
Singapore’s regulator refuses to allow spot BTC ETFs into the local marketAt the same time, retail investors can trade shares of foreign funds through licensed brokers
Crypto regulations
Jul 3, 2023
Singapore authorities propose to ban retail investors from crypto lending and stakingIn addition, by the end of the year, exchanges will be obliged to keep client assets in a trust
Crypto regulations
Apr 6, 2023
Singapore authorities will help banks set uniform standards for the crypto businessAccording to Bloomberg, work on the project has been going on for about six months
Incidents
Mar 7, 2023
Singapore police launch investigation into the Terraform Labs activitiesAccording to law enforcement authorities, the company’s co-founder Do Kwon is outside the city-state
Market
Feb 13, 2023
Singapore’s DBS Bank will start providing crypto services in Hong KongThe bank positively assessed the policy of the authorities of the special administrative region of China in terms of digital assets
Incidents
Dec 19, 2022
Former BitMEX CEO sues the exchange for wrongful dismissalAlexander Höptner claims that the platform conducted a “baseless” internal investigation against him
Business
Nov 16, 2022
Asia’s largest investment company Temasek will write off more than $200 million of investments in FTXRepresentatives of the firm noted that the bankruptcy of the trading platform will not have a significant impact on its financial position
Market
Nov 4, 2022
Bybit refuses to impose sanctions against Russian usersA source close to the company told GetBlock Magazine
Market
Oct 31, 2022
Media: Singapore’s regulator urges local crypto exchanges to comply with sanctions against RussiansResearch has found that pro-Russia groups have raised millions of dollars in cryptocurrency donations to support Moscow's war in Ukraine
Incidents
Oct 29, 2022
Singapore’s users file a class action lawsuit against Terraform Labs CEO of $57 millionThe plaintiffs claim that Do Kwon knowingly knew about the vulnerabilities of the UST stablecoin