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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

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

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

Bitmain cofounder-backed crypto firm Matrixport has announced a new funding round aiming to raise as much as $140 million.

Bitmain Cofounder-Backed Crypto Startup Aims to Raise $140M in New Funding Round

2020-03-04T17:11:00+00:00

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Japanese messaging giant Line has shuttered its Singapore-based crypto exchange and relaunched it as a global, rebranded United States-based platform.

Japan’s Line Replaces Singapore Crypto Exchange With New US Platform

2020-02-28T12:07:00+00:00

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In implementing new Anti-Money Laundering policies, many countries automatically treat crypto transactions as high-risk.

Presumed Guilty: Financial Watchdogs See Crypto as Illicit by Default

2020-02-26T22:00:00+00:00

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Singapore’s Appeals Court has rejected Quoine’s appeal, ruling that the exchange must pay damages to a market maker for seven wrongfully reversed trades.

Singapore Appeals Court Rejects Quoine Appeal in Landmark Crypto Ruling

2020-02-25T11:10:00+00:00

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The BIS has appointed heads of the BIS Innovation Hub’s centers in Singapore and Switzerland, which focus on CBDC and DLT research.

New Leaders at Bank for International Settlements Fintech and DLT Research Centers

2020-02-19T16:31:00+00:00

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Bithumb has partnered with Singaporean crypto trading platform BitMax to jointly develop new services and products.

Bithumb to Get Wall Street-Level Fintech Expertise via New Partnership

2020-02-17T21:16:00+00:00

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Cryptocurrency exchange Binance applied to operate in Singapore under the Payment Services Act.

Binance Takes Additional Steps to Tap Singapore’s Crypto Market

2020-02-17T05:10:00+00:00

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The MAS’ Payment Services Act has gone into effect, setting up a framework for cryptocurrency regulation in the country.

Singapore AML Framework Can Attract Crypto Businesses, Not Chase It Away

2020-02-06T03:00:00+00:00

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