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Blockchain experts discuss how institutions will play a major role in the mass adoption of blockchain-based financial infrastructure.
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Singapore News
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.
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There are 234 companies in Singapore’s blockchain landscape.
6421 - News
A Singapore man was fined $72,000 for operating a multi-level marketing scheme linked to the Ponzi scheme OneCoin.
12414 - News
Singaporean blockchain developers Building Cities Beyond creates an innovation grant to encourage development on its ecosystem.
4848 - News
The Singaporean government revealed that ransomware attacks surged in 2019 by accounting 35 cases.
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A 23-year old Singaporean accused of unlicensed Bitcoin dealing is set to become the first person to be charged under the city-state’s Payment Services Act.
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Sales were expected to last 48 hours.
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Singapore’s central bank is looking to join forces with China in exploring central bank digital currencies.
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Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin payments for its service.
6248 - News
Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance.
21546 - News
The Winklevoss twins’ crypto exchange continues its global expansion with the appointment of a Managing Director for the Asia-Pacific region.
3746 - News
The Singapore-based exchange will enable a new P2P lending feature on June 6 through its TomoDEX’s platform.
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The Singapore-based crypto exchange is launching interest rate swaps that allow traders to speculate on the rates themselves.
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Alongside the internet, cryptocurrencies have made the world a global village. Here is a list of countries that are ideal for crypto enthusiasts to live in.
11933 - News
Top Chinese digital bank WeBank is partnering with OpenNodes to drive blockchain innovation among Singaporean universities.
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