カテゴリー: Singapore

Singapore Financial Regulator Updates Guide to Digital Token Offerings

Singapore Financial Regulator Updates Guide to Digital Token OfferingsThe Monetary Authority of Singapore (MAS) has published new guidelines pertaining to digital token offerings. The document provides additional clarity on the regulatory requirements for intermediaries that facilitate them, while highlighting the reporting obligations of entities offering capital markets products that are not classified as securities. Also Read: P2P Markets Report: Dumping Drives Record Volume Across Latin […]

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Singapore Financial Regulator Updates Guide to Digital Token Offerings

Singapore Financial Regulator Updates Guide to Digital Token OfferingsThe Monetary Authority of Singapore (MAS) has published new guidelines pertaining to digital token offerings. The document provides additional clarity on the regulatory requirements for intermediaries that facilitate them, while highlighting the reporting obligations of entities offering capital markets products that are not classified as securities. Also Read: P2P Markets Report: Dumping Drives Record Volume Across Latin […]

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The Daily: US Defense Department Probes Blockchain, Singapore Approves 1X

The Daily: US Defense Department Probes Blockchain, Singapore Approves 1XIn today’s edition of The Daily, we cover cryptocurrency-related news from different parts of the world. Documents have revealed that an arm of the U.S. Department of Defense (DoD) plans to investigate the technology behind Bitcoin, while a teenager in Israel has been convicted of making bomb threats in exchange for BTC. In India, a […]

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Trial Begins: Bitcoin Exchange Accused of Wrongfully Reversing Trades

Trial Begins: Bitcoin Exchange Accused of Wrongfully Reversing TradesThe trial over alleged wrongful reversals of seven bitcoin trades that occurred last year has reportedly begun in Singapore. Cryptocurrency exchange Quoine has been sued by a market maker. The plaintiff is seeking to recover 3,085 BTC from the exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Plaintiff Seeks 3,085 BTC The trial […]

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Singapore Finalizes Regulatory Framework for Cryptocurrency Payment Services

Singapore Finalizes Regulatory Framework for Cryptocurrency Payment ServicesThe central bank of Singapore has finalized the country’s new regulatory framework for payment services, which now includes cryptocurrency. Crypto payment service providers, which fall outside of the current regulatory framework, will need to be licensed under the new regime. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Regulating Crypto Payment Services The Monetary […]

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IMF: Central Banks Could Issue Digital Currency

IMF: Central Banks Could Issue Digital CurrencyChristine Lagarde, the managing director of the International Monetary Fund (IMF), has said central banks throughout the world should consider issuing digital currency to make transactions more secure. At a recent conference in Singapore, Lagarde argued that state-backed cryptocurrencies could satisfy public policy goals related to financial inclusion, consumer protection, privacy and fraud prevention. Also […]

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South Korea’s Upbit to Launch Crypto Exchanges in Thailand and Indonesia

South Korean cryptocurrency exchange Upbit has reportedly started marketing new crypto exchanges in Thailand and Indonesia as part of its global expansion plans. The company recently launched an exchange in Singapore. Over 130 coins and 240 trading pairs will be offered on both of the new Upbit exchanges, according to their websites. Also read: Yahoo! Japan […]

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Top Three South Korean Cryptocurrency Exchanges Expand Overseas

Three of South Korea’s largest cryptocurrency exchanges are expanding overseas. Upbit has launched a Singaporean crypto exchange with 156 coins and 221 trading pairs. Coinone has established a crypto exchange in Malta while Bithumb is planning to launch a security token platform in the U.S. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bithumb to […]

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The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore

The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in SingaporeThe majority of cryptocurrency traders recorded losses on their investments last month, according to a report we’ve covered in The Daily. In this edition, we also look at the new debit cards allowing customers in Singapore to spend cryptocurrencies anywhere Visa is accepted and the decision of a large cryptocurrency mining company to move one […]

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The Daily: Binance to Expand in Singapore, Uphold Launches Loan Service

The Daily: Binance to Expand in Singapore, Uphold Launches StablecoinIn today’s edition of The Daily, we look at a strategic investment that could help Binance to establish a fiat-to-crypto exchange in Singapore. We also focus on a new service that digital payments platform Uphold is launching to lend funds to its clients, as well as a cryptocurrency-backed prepaid card that’s coming to the U.S. […]

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