TZ APAC’s Colin Miles says that a new partnership with the National University of Singapore’s School of Computing will help students learn about Tezos and blockchain.
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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Independent Reserve’s survey revealed a strong affinity for various financial opportunities brought forward by decentralized finance and other investment opportunities.
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Crypto Accept allows online sellers to accept BTC and ETH before expanding to other digital assets next year.
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Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March.
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"We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets," said Alvin Tan.
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Certain Coinbase users will need to disclose recipient information when sending cryptocurrencies to non-Coinbase wallets.
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Global regulators continue asking crypto exchanges to comply with sanctions against Russia as the country itself has no legal crypto trading platforms.
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The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia.
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Cake DeFi Ventures will fund crypto startups across Web3, the Metaverse, the NFT space, gaming, esports and fintech spaces that complement the company’s core business.
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Prior to the latest approval, Sygnum Singapore was only allowed to offer asset management activities with its CMS license.
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DBS Bank’s crypto exchange launched in late 2020, allowing to trade cryptocurrencies only to professional investors.
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Singapore, a major financial and shipping center, has emerged as a top global cryptocurrency hub in a short period.
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Eqonex previously said it was engaged in discussions on the potential merger or takeover options in late 2021.
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Running a crypto business is no easy job. And running a crypto exchange might seem like an impossible job to do.
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KPMG forecasts that Singapore's crypto investment will remain strong this year with increasing regulatory scrutiny.
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