Also, the country’s government intends to introduce strict requirements regarding the backing of stablecoins
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Crypto regulations
Oct 26, 2022
Singapore’s authorities propose to ban borrowing for the purchase of cryptocurrenciesAlso, the country’s government intends to introduce strict requirements regarding the backing of stablecoins
Trends
Oct 25, 2022
Singapore High Court recognizes NFTs as propertyThe decision was made as part of a dispute over the ownership of a token from the BAYC collection
Market
Oct 14, 2022
DBS Bank calls bitcoin the best medium for decentralized tradingInvestment strategist Daryl Ho believes that the benefits of bitcoin should be considered regardless of whether its price changes or not
Market
Sep 23, 2022
Singapore’s DBS allows wealthy clients to trade in cryptocurrencyThe service will provide access to DDEx, one of the world’s first digital exchanges backed by the bank
Trends
Sep 9, 2022
Singapore’s DBS Bank buys land at The SandboxBetterWorld will become a platform for disseminating information about the world’s current issues
Business
Aug 31, 2022
Animoca Brands raises $100 million from Singapore’s state-owned holding company TemasekAccording to Bloomberg, the deal was done by issuing convertible bonds
Crypto regulations
Aug 26, 2022
Singapore’s regulator requests data on the activities of crypto companiesThe initiative is related to the preparations for the implementation of new rules for the control of digital assets
Incidents
Aug 15, 2022
Court grants three months to Zipmex exchange to resolve liquidity problemsAccording to the company’s representatives, a memorandum of understanding has already been signed with two unnamed investors
Business
Aug 8, 2022
Crypto platform Hodlnaut temporarily suspends withdrawalsRepresentatives of the company referred to the need to stabilize liquidity and preserve user assets
Incidents
Jul 29, 2022
Crypto exchange Zipmex goes to court to protect itself from creditorsThe lawyers at Morgan Lewis Stamford intend to achieve a moratorium for up to six months while the company develops a restructuring plan
Business
Jul 20, 2022
Crypto platform Vauld owes $363 million to retail investorsThe company's total debt is $402 million
Crypto regulations
Jul 20, 2022
Singapore to tighten regulation of cryptocurrenciesThe decision was made against the background of the collapse of several companies with registration within the country