The Singapore government and 16 major trading and manufacturing companies have partnered to promote digitization of international trade.
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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by Helen Partz
Huobi, the fifth-largest crypto exchange by daily trading volume, will now provide crypto brokerage service to its institutional clients.
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Singaporean entrepreneur and ICO advisor Mark Cheng is reported to have been kidnapped in Thailand by close associates who wanted his Bitcoin holdings.
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The U.S. is no longer the top recipient of U.S. dollars in Bitcoin as Singapore took the lead over the course of 2019.
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BitBox, the Singapore-based cryptocurrency exchange of internet messaging giant Line, announced that it will delist XRP on Jan. 16.
- New Year Special
From Switzerland and Malta to North Korea and Iran: Overview of experimental crypto regulations around the globe.
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Exchange says it launched an investigation into a withdrawal after a Wasabi wallet user aroused suspicion by using a mixing tool.
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The ICC and blockchain firms Perlin and AirCarbon have partnered to fund climate projects in the aviation industry.
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by Joeri Cant
Eight former core developers from Morgan Stanley announced the launch of the Singapore-based Phemex, a new cryptocurrency derivatives trading platform.
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by Joeri Cant
Singaporean government-backed blockchain platform Tribe facilitated another $15.7 million in fundraising to support blockchain startups.
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by Helen Partz
Bitmain-backed Matrixport will extend its trading, lending and custody services in Switzerland through its new Zurich office.
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Singapore-based blockchain firm BCB Blockchain has signed a memorandum of agreement with the Philippines to support the development of local tech startups.
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Tezos has partnered with Singapore government-backed blockchain platform Tribe to jointly launch a training program for developers on the Tezos blockchain.
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The Intercontinental Exchange’s Bakkt platform has officially confirmed its forthcoming launch of a cash-settled Bitcoin futures contract.
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Singapore's central bank and financial regulator, the Monetary Authority of Singapore, has proposed bringing crypto derivatives trading under its purview.
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