Stablecoins are taking over the crypto space with increased utility and circulation. What is prompting this growth, and is it a threat to the market?
Singapore, the Republic of Singapore, is a city-state located on an island in Southeast Asia and shares borders with Malaysia and Indonesia. Singapore has a strong economy with a favorable investment climate, a competitive environment, and a high level of education and welfare. In this way, for companies that work with Bitcoin, Singapore is a good place to set up a business because cryptocurrency is allowed to be used in Singapore and has governmental support. Moreover, Singapore was one of the first countries to start regulating the usage of digital currencies in 2014 by imposing taxes on it. In terms of blockchain technology, authorities in Singapore are interested in applying this technology to their advantage.
Gemini exchange continues to strengthen its global expansion strategy.4711
The new office will reportedly serve as a new hub for crypto traders in Asia and Oceania.6153
DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide.5421
Xfers believes it's time other national currencies receive a piece of the action too.8771
But it remains unclear where KuCoin is actually headquartered.4170
A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation.18330
The cases of the robber’s two accomplices are still pending.3845
DAML smart contract language is now used for digital bonds.10434
The digital Swiss franc issuer is now licensed as a "digital asset trading facility."15203
The Vienna Stock Exchange and the Singapore Exchange are warming up to cryptocurrency.15401
The EOS-based DeFi project announced a token swap to support its newest product.3858
Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements.2979
Huobi makes a pitch to those who ”want to earn a good profit worry-free.”4305
Liquid exchange plans to delist major privacy coin Zcash in an effort to play nice with Singaporean regulators.9677