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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.

Top News

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One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

KuCoin’s derivatives arm, KuMEX, starts accepting Tether deposits for Bitcoin perpetual contracts on March 30.

Tether Becomes Second Crypto to Launch on Blockchain Futures Platform

2020-03-28T10:46:00+00:00

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The Monetary Authority of Singapore exempted a number of crypto payment services from holding a financial license under the Payment Services Act.

Singapore Grants Crypto License Exemptions to Ripple, Coinbase and Binance

2020-03-27T13:10:00+00:00

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India’s Tech Mahindra said faster reconciliation and a reduction in paperwork are just two of the benefits of using the Marco Polo blockchain platform.

Indian Tech Giant Mahindra Speeds Up Cross Border Transactions with Blockchain

2020-03-27T00:55:00+00:00

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Singapore’s central monetary authority issued a new set of guidelines for digital payment token service providers on March 16.

Monetary Authority of Singapore Issues AML/CFT Guidelines

2020-03-19T06:34:00+00:00

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KuCoin exchange establishes KuGroup, a core division of the company that will manage all three of the company’s businesses.

IDG-Backed Crypto Exchange KuCoin Establishes KuGroup to Expand Services

2020-03-17T22:20:00+00:00

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One of the world’s oldest crypto exchanges, OKCoin, now allows users in Singapore and Brunei to trade the Singapore dollar against Bitcoin and Ether.

OKCoin Launches Support for Singapore Dollar and Opens Local Office

2020-03-12T13:02:00+00:00

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Indonesia’s Commodity Futures Trading Regulatory Agency, also known as Bappebti, has given the green light to crypto exchange provider Zipmex.

Indonesia’s Commodities Regulator Approves Asia-Pacific Crypto Exchange

2020-03-10T12:12:00+00:00

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A blockchain trade finance platform developed by eight major banks, among them HSBC, BNP Paribas, and Citi, is now ready for commercial launch in Singapore in Q...

HSBC: Blockchain Platform Will Keep Trade Finance Smooth Despite Coronavirus

2020-03-05T12:36:00+00:00

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