The preliminary injunction blocking Bitcoin purchases is connected with a broader dispute surrounding a merger with Fatbrain AI that went sour in October last year.
Singapore News
Singapore, known officially as the Republic of Singapore, is a city-state located on an island in Southeast Asia. Singapore has a strong economy with a favorable investment climate, a competitive environment and a high level of education. Although Singapore has regulations around the industry, the country is commonly known for showing positivity toward blockchain and crypto. Regarding fintech, Singapore has a bustling scene. In Singapore, cryptocurrency trading is prevalent.
The country’s central bank, the Monetary Authority of Singapore, or MAS, has put forth a number of efforts relating to crypto regulation. A sign of its leadership in innovation, Singapore’s government was discussing Bitcoin taxes back in 2014, in the asset’s early days.
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Stablecoin firm Paxos is worried that the adoption of its USDG stablecoin may be affected by global regulatory arbitrage related to stablecoins.
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Futures have emerged as a growing crypto trend, with major global groups, such as SGX and Japan’s Osaka Dojima, reportedly looking to introduce Bitcoin futures in 2025.
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“By integrating stablecoin payments, we’re not just embracing the future — we’re shaping it,” a Metro Store executive reportedly said.
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A former payroll manager for Bybit who stole $5.7 million from the crypto exchange has been handed a nearly 10-year prison sentence in Singapore.
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Robinhood reportedly plans to service Singapore through Bitstamp, which it agreed to buy in 2024.
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Want to buy Bitcoin in Singapore? This guide covers trusted methods, key steps and safety tips to start your crypto journey confidently.
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A US court has overturned the sanctions on privacy protocol Tornado Cash in a significant legal development for crypto.
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Komainu Holdings has secured $75 million in Bitcoin funding from Blockstream to expand globally, integrate advanced crypto tech and establish a BTC treasury for risk management.
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Singapore-based users claim that Polymarket has been blocked, citing the Gambling Control Act 2022, which prohibits betting with unlicensed operators.
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GSR has secured dual regulatory approval in the UK and Singapore, expanding its crypto trading services for institutional clients.
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Singapore’s crypto-friendly regulations and doubling of licenses in 2024 position it as a growing hub for blockchain innovation.
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A composite index by ApeX Protocol ranked the most blockchain-friendly regions based on patents, jobs and crypto exchanges.
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The Asia-Pacific region has key potential to lead in Web3 and artificial intelligence innovation.
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The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months.
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