Singapore’s authorities propose to ban borrowing for the purchase of cryptocurrencies

Oct 26, 2022

Singapore’s authorities propose to ban borrowing for the purchase of cryptocurrencies

Also, the country’s government intends to introduce strict requirements regarding the backing of stablecoins

Singapore High Court recognizes NFTs as property

Oct 25, 2022

Singapore High Court recognizes NFTs as property

The decision was made as part of a dispute over the ownership of a token from the BAYC collection

DBS Bank calls bitcoin the best medium for decentralized trading

Oct 14, 2022

DBS Bank calls bitcoin the best medium for decentralized trading

Investment strategist Daryl Ho believes that the benefits of bitcoin should be considered regardless of whether its price changes or not

Singapore’s DBS allows wealthy clients to trade in cryptocurrency

Sep 23, 2022

Singapore’s DBS allows wealthy clients to trade in cryptocurrency

The service will provide access to DDEx, one of the world’s first digital exchanges backed by the bank

Singapore’s DBS Bank buys land at The Sandbox

Sep 9, 2022

Singapore’s DBS Bank buys land at The Sandbox

BetterWorld will become a platform for disseminating information about the world’s current issues

Animoca Brands raises $100 million from Singapore’s state-owned holding company Temasek

Aug 31, 2022

Animoca Brands raises $100 million from Singapore’s state-owned holding company Temasek

According to Bloomberg, the deal was done by issuing convertible bonds

Singapore’s regulator requests data on the activities of crypto companies

Aug 26, 2022

Singapore’s regulator requests data on the activities of crypto companies

The initiative is related to the preparations for the implementation of new rules for the control of digital assets

Court grants three months to Zipmex exchange to resolve liquidity problems

Aug 15, 2022

Court grants three months to Zipmex exchange to resolve liquidity problems

According to the company’s representatives, a memorandum of understanding has already been signed with two unnamed investors

Crypto platform Hodlnaut temporarily suspends withdrawals

Aug 8, 2022

Crypto platform Hodlnaut temporarily suspends withdrawals

Representatives of the company referred to the need to stabilize liquidity and preserve user assets

Crypto exchange Zipmex goes to court to protect itself from creditors

Jul 29, 2022

Crypto exchange Zipmex goes to court to protect itself from creditors

The lawyers at Morgan Lewis Stamford intend to achieve a moratorium for up to six months while the company develops a restructuring plan

Crypto platform Vauld owes $363 million to retail investors

Jul 20, 2022

Crypto platform Vauld owes $363 million to retail investors

The company's total debt is $402 million

Singapore to tighten regulation of cryptocurrencies

Jul 20, 2022

Singapore to tighten regulation of cryptocurrencies

The decision was made against the background of the collapse of several companies with registration within the country