“We want to eliminate the hurdles associated with crypto trading, and streamline the experience for new retail investors,” said Finxflo CEO James Gillingham.
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.
The Monetary Authority of Singapore has issued a warning to crypto investors after the state’s prime minister was unwittingly caught up in a fake token scam.12131
"I have nothing to do with the platform," said Lee Hsien Loong. "It is misleading and done without my permission."22292
Asian markets are much friendlier to enterprise blockchain adoption, says Waves's founder.6743
Daniel Lim will lead Bybit's legal and compliance team, following an appointment hot on the heels of Bybit's U.K. shutdown.7320
Court transcripts have revealed that BitMEX’s fugitive executives Arthur Hayes and Ben Delo are negotiating a surrender with U.S. authorities.11776
Major cryptocurrency exchange Gemini has rolled out support for the Singapore dollar and set up a local office.4839
Following a successful trial of DLT-based bond issues, SGX has formed a dedicated company with investment firm Temasek to extend and expand the use of the tech.8145
Accredited investors can now own tokenized shares of a premium whiskey collection powered by Zilliqa.12511
Singapore-based Propine emerged from the MAS regulatory sandbox with a Capital Markets Services License and an authorization to begin offering digital-asset services to institutions.11078
These five countries have led the way in driving cryptocurrency and blockchain adoption in 2020.14950
OSL is now officially licensed to operate regulated brokerage and automated trading services for digital assets.5590
Singapore’s stock exchange SGX will also have a stake in the platform.7260
Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival.18730
The new platform aims to establish an institutional corridor between Europe and Asia.5490