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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In an email, Tether said Cake DeFi is controlled by “another corporation that resides in Singapore,” precluding it from redeeming USDT. Tether CTO Paolo Ardoino...

Tether reportedly shuts USDT redemption for some Singapore customers

2023-09-25T10:42:55+01:00

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Community members shared reports that the crypto exchange’s staff abandoned their booth at Token 2049 in Singapore after the warning.

JPEX hikes withdrawal fee to almost $1K after Hong Kong watchdog warning

2023-09-15T14:18:40+01:00

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Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users.

Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle

2023-09-14T09:04:21+01:00

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Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or acting as top execs at any financial firm in Singapore.

Singapore’s central bank slugs Three Arrows founders with 9-year ban

2023-09-14T04:51:03+01:00

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Brad Garlinghouse says Singapore, the United Kingdom, the UAE and Switzerland are jurisdictions with “smart” crypto policies that he thinks the United States sh...

US ‘the only country’ crypto startups should avoid, says Ripple CEO

Brayden Lindrea

2023-09-13T06:42:39+01:00

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Binance regional markets head Richard Teng insists that, despite regulatory scrutiny, the company has no parallels to collapsed exchange FTX.

Binance’s Richard Teng denies FTX comparisons: ‘We welcome the scrutiny’

Gareth Jenkinson

2023-09-11T11:15:17+01:00

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In its fight against money laundering, Singapore provides operational licenses to crypto businesses that can showcase robust Anti-Money Laundering controls.

Singapore regulatory sandbox lacks qualified crypto payment providers

2023-09-08T09:32:00+01:00

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Tharman Shanmugaratnam has served as Singapore’s finance minister and the head of the country’s financial regulator during his time in government.

Former MAS chair who called crypto ‘highly risky’ wins Singapore’s presidential race

2023-09-04T16:49:08+01:00

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