Singapore News

Japan’s SBI Holdings has signed a letter of intent to buy a controlling stake in Singapore-licensed crypto exchange Coinhako.

The six-month central bank pilot brings together market infrastructure providers, banks and Web3 companies to assess how core UK markets could move onchain.

StraitsX will expand its Singapore dollar and US dollar stablecoins to Solana by early 2026, targeting payments, DeFi and AI use cases.

Singapore’s MAS has widened Ripple’s MPI license scope, enabling regulated token services, end-to-end payments and major growth across Asia-Pacific.

Ripple has also made several acquisitions this year to expand its business and institutional-focused offerings, with the latest being crypto custody and wallet company Palisade.

Binance’s latest move targets demand from traditional wealth clients and asset managers taking their first steps into the crypto space.

Survey data points to cautious allocations, long-term holding and a preference for regulated platforms as Singapore’s retail market continues to mature.

Institutions across the globe are adopting cryptocurrency, offering new services and buying into blockchain tech, despite slumping Bitcoin price.

Southeast Asian super app Grab’s MOU with StraitsX shifts its Web3 efforts from pilots to infrastructure, exploring a unified stablecoin settlement layer across Asia.

SGX is aiming to capture rising institutional crypto demand by launching the second set of Bitcoin and Ether perpetual futures products in Singapore.

UBS and Ant International will test tokenized deposits for real-time cross-border payments and liquidity management in one of Singapore’s largest blockchain pilots.

The Monetary Authority of Singapore says only fully regulated, reserve-backed stablecoins will qualify as settlement assets as Singapore prepares legislation and expands CBDC trials.

Expanding outside the US, Coinbase Business launches in Singapore to give startups and SMEs a unified platform for USDC payments, asset management and more.

Scott Bessent met Prime Minister Lawrence Wong during the APEC 2025 summit, as world leaders gathered to address global growth, energy security and technology.

Building momentum through new integrations and regional partnerships, the project is getting ready for international rollout.