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.

Singapore: Regulator Plans to Smooth Over Banking Ties With Crypto Businesses

OCT 10, 2018 | by William Suberg

Ravi Menon has said he “would not blame” banks for not serving crypto clients, but an “understanding” could be reached.

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Venture Capital Investment in Blockchain and Crypto Up 280% in 2018, Report Shows

OCT 02, 2018 | by Marie Huillet

A new report from Diar reveals that “traditional” venture capital investment in blockchain and crypto firms has almost tripled in the first three quarters of 20...

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Nevermind the Stagnating Market, Binance Is Pushing Further in Its Expansion

SEP 24, 2018 | by Stephen O'Neal

Starting an exchange in Singapore is an ambitious step — the most recent in a series of Binance’s summer activities.

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Abu Dhabi Regulator Calls for International Cryptocurrency Regulation Effort

SEP 19, 2018 | by William Suberg

A senior finance official has said Abu Dhabi would like to see comprehensive international regulation of the cryptocurrency arena.

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Singapore: Central Bank Refutes Fake Articles Claiming its Chairman Invested $1 Bln in BTC

SEP 19, 2018 | by William Suberg

The Monetary Authority of Singapore has distanced itself from fake news about a $1 billion Bitcoin investment from its chairman.

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Binance to Start Closed Beta Testing of New Crypto-Fiat Exchange in Singapore

SEP 16, 2018 | by Helen Partz

Crypto exchange Binance will start closed beta testing of a new crypto-fiat exchange in Singapore on September 18.

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Russian Central Bank Reportedly Conducted ‘Successful’ ICO Trial

SEP 11, 2018 | by Ana Berman

A Russian Central Bank representative during a forum has announced that the bank has “successfully” conducted an experimental ICO.

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Investment Firm Denies Involvement In Bitmain IPO Following Erroneous Media Reports

SEP 03, 2018 | by Ana Alexandre

Holding company Temasek has denied its participation in Bitmain’s pre-IPO after several media reports claimed it invested in the crypto mining giant.

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Singapore Central Bank Partners With Deloitte, Nasdaq on Blockchain Asset Settlement

AUG 24, 2018 | by William Suberg

The Monetary Authority of Singapore will facilitate tokenized asset settlement with major commercial partners.

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MetLife Subsidiary LumenLab Pilots Blockchain Insurance System for Diabetes

AUG 21, 2018 | by Marie Huillet

Singapore-based digital innovation center Lumenlab is testing a blockchain-enabled parametric, automated insurance product for diabetes sufferers.

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Huobi Launches New Service to Streamline Token Listing Application Process

AUG 21, 2018 | by Ana Alexandre

One of the largest crypto exchanges Huobi has launched a new product designed to ease the token listing application process.

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Singapore: Venture Capital Firm to Launch $10 Million Crypto, Blockchain Investment Fund

AUG 10, 2018 | by Max Yakubowski

Singapore-based Golden Gate Ventures will launch a $10 million global fund for blockchain and cryptocurrency companies.

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Singapore Airlines Launches Blockchain-Based Loyalty Wallet, Co-Developed by Microsoft

JUL 24, 2018 | by Marie Huillet

Singapore Airlines has announced the launch of a loyalty digital wallet that uses blockchain technology co-developed by Microsoft.

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Asian Asset Manager Focusing on Family Offices to Launch Crypto-Custody Solution

JUL 22, 2018 | by Helen Partz

An Asian fund management firm, Fusang Investment Office, is set to launch a crypto-custodial solution in the fourth quarter of 2018.

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Singapore: Gov’t Owned CrimsonLogic Launches Global Cross-Border Blockchain Platform

JUL 19, 2018 | by William Suberg

A Singapore blockchain platform is targeting the Southeast Asian and China regions, designed to boost the efficiency of its trade corridors.

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Singapore Central Bank Head Hopes Crypto Will Recover After Prospective Crash

JAN 15, 2018 | by Helen Partz

The director of Singapore’s central bank hopes cryptocurrency will recover after the ‘fever has gone away’.

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China Ban on ICO is Temporary, Licensing to be Introduced: Official

SEP 10, 2017 | by Joseph Young

Hu Bing, a researcher at the Institute of Finance and Banking, says to the Chinese State TV that the government’s ban on initial coin offerings (ICOs) is only t...

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Singapore Confirms It Will Not ‘Ban’ Cryptocurrency, Has No ‘Risk Concerns’

FEB 06, 2018 | by William Suberg

New bullish statements from Singapore’s deputy prime minister confirm cryptocurrency’s ongoing legality in the city-state.

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BlockShow Asia 2017 Begins, Opens With Big EOS Announcement

NOV 29, 2017 | by Jon Buck

BlockShow Asia opens with a bang - EOS announces new test platform.

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Japanese Airline Confirms Future BTC Payment Option In The Works

FEB 05, 2018 | by Molly Jane Zuckerman

Peach Aviation denied rumors that they were rethinking accepting Bitcoin payments, confirming they had simply postponed adding this service until the markets be...

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In Wake of China ICO Ban, Japan, Singapore, US Give Crypto Second Look

SEP 15, 2017 | by Chrisjan Pauw

How regulators in some countries are looking to control, but not stifle, the growth of cryptocurrencies.

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Bitcoin Goes Physical: Swiss Start-Up Launches Pilot Sale Of BTC ‘Banknotes’

MAY 04, 2018 | by Ana Alexandre

A Switzerland-based fintech start-up launched a pilot sale of physical Bitcoin “banknotes” in Singapore.

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East Asia’s “Ghost Month” Scare May Explain Flat Trading in Certain Altcoins

AUG 28, 2017 | by Lisa Froelings

East Asia-based digital currencies NEO, OmiseGo, and TenX are experiencing slow movement after the “Ghost month” has started.

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Singapore Airlines To Launch ‘First’ Blockchain Loyalty App Among Competitors

FEB 05, 2018 | by William Suberg

Singapore Airlines says it will give frequent flyers Blockchain point-of-sale transactions later this year in an industry first.

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Orioncoin Further Unveils Loyalty Program Blockchain Platform

JAN 16, 2018 | by Yuliya Avdyusheva

At BlockShow Asia Orioncoin founder revealed his preparations for a new Blockchain platform that addresses the complications with traditional loyalty programs.

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Ex-Liverpool Footballer Michael Owen To Issue His Celebrity Token

MAR 22, 2018 | by Helen Partz

Ex-Liverpool soccer star Michael Owen follows Manny Pacquiao in joining the Singapore GCOX platform to issue ‘Celebrity Token’.

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$1 Trillion Industry Being Brought Onto Blockchain

NOV 03, 2017 | by Guest Author

There are big changes underway in the life insurance industry, with a project aiming to monetize assets that many people didn’t know they had.

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VC Investments In Blockchain Companies On Track To Exceed 2017’s Numbers

MAR 04, 2018 | by Molly Jane Zuckerman

Venture capital fundraising for Blockchain companies is set to exceed that of last year, having already reached 40 percent of 2017’s numbers in just two months.

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Thai Finance Ministry Releases Final Version Of Cryptocurrency Tax Framework

MAR 31, 2018 | by Molly Jane Zuckerman

The Thai Finance Minister has announced the final expected version of the crypto tax framework.

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That Business Is Absolutely on Fire, Nick Cowan Gives Thoughts on Crypto

DEC 13, 2017 | by Lucrezia Cornèr

Nick Cowan comments on dynamics of crypto communities, narrates his own love story with the fintech market and applies the theory of the paradox of choice.

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China Ban on ICO is Temporary, Licensing to be Introduced: Official

SEP 10, 2017 | by Joseph Young

Hu Bing, a researcher at the Institute of Finance and Banking, says to the Chinese State TV that the government’s ban on initial coin offerings (ICOs) is only t...

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Singapore Will Not Regulate Cryptocurrencies, Singapore Official Says

OCT 27, 2017 | by Alex Gao

Singapore will remain open-minded and will not regulate cryptocurrencies. The managing director of MAS said that money laundering is not the fault of cryptocurr...

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YouTube Adpocalypse Gets Blockchain Solution

NOV 17, 2017 | by Shivdeep Dhaliwal

A wave of demonetization has hit YouTube content creators but there is help in sight.

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East Asia’s “Ghost Month” Scare May Explain Flat Trading in Certain Altcoins

AUG 28, 2017 | by Lisa Froelings

East Asia-based digital currencies NEO, OmiseGo, and TenX are experiencing slow movement after the “Ghost month” has started.

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Singapore Fires Compliance Warning at 8 Crypto Exchanges, Orders an ICO to Halt Sales

MAY 24, 2018 | by William Suberg

Singapore regulators have reminded eight cryptocurrency exchanges of the need to have legal permission to trade securities or futures contracts.

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Singapore Confirms It Will Not ‘Ban’ Cryptocurrency, Has No ‘Risk Concerns’

FEB 06, 2018 | by William Suberg

New bullish statements from Singapore’s deputy prime minister confirm cryptocurrency’s ongoing legality in the city-state.

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Mitsubishi, MUFG Conduct Successful Pilot Payment With Major Thai Bank’s Blockchain

MAY 22, 2018 | by Molly Jane Zuckerman

The Mitsubishi Group has successfully completed a pilot sending money from Thailand to Singapore using Thai Krungsri bank’s blockchain tech.

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Singapore Central Bank Head Hopes Crypto Will Recover After Prospective Crash

JAN 15, 2018 | by Helen Partz

The director of Singapore’s central bank hopes cryptocurrency will recover after the ‘fever has gone away’.

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Singapore Residents Clamor for Bitcoin-backed Visa Cards

NOV 07, 2017 | by Darryn Pollock

Visa’s dalliance with cryptocurrency continues as they offer pre-paid crypto cards to Singapore residents.

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BlockShow Asia 2017 Begins, Opens With Big EOS Announcement

NOV 29, 2017 | by Jon Buck

BlockShow Asia opens with a bang - EOS announces new test platform.

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CryptoFriends Blockchain Meetup in Barcelona Reviews ICOs, Builds Connections

OCT 17, 2017 | by Guest Author

CryptoFriends had another successful meetup in Barcelona. Event involved networking and preparations for next Hypethon.

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Singapore Clarifies ICO Token Regulation, Follows US

AUG 02, 2017 | by William Suberg

Singapore has followed the US in advising it will track ICO tokens as they come, rather than consider blanket rules.

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Bitcoin Goes Physical: Swiss Start-Up Launches Pilot Sale Of BTC ‘Banknotes’

MAY 04, 2018 | by Ana Alexandre

A Switzerland-based fintech start-up launched a pilot sale of physical Bitcoin “banknotes” in Singapore.

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Market Reaction to China News Shows Bitcoin Too Big to Kill

SEP 21, 2017 | by Darryn Pollock

Bitcoin dropped from $5,000 to $3,000 on news of Chinese ICO and exchange bans, then rebounded to $4,000. Apparently nothing can stop the bull.

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National Government Digital Currencies Versus Globally Distributed Cryptocurrencies: in Depth

MAY 21, 2018 | by Rainer Michael Preiss

Petro, e-Krona, FedCoin, CryptoRuble and more

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