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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

The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.”

Singapore central bank shortlists 15 companies to develop retail CBDC

2021-08-30T11:30:15+01:00

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The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s hot wallets were compromised.

Hacked Liquid exchange receives $120M debt funding from FTX

2021-08-26T09:04:15+01:00

3970

A nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed a success.

Australia and Singapore conclude digital verification blockchain pilot

2021-08-19T14:14:10+01:00

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Almost four in five Singaporean crypto holders own Ether, followed by Bitcoin, Cardano and Binance Coin.

Ether is more popular than Bitcoin in Singapore, new study finds

2021-08-16T11:31:26+01:00

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Kakao wants to keep up with the enterprise blockchain competition in Asia as it eyes expansion to Singapore.

Korean internet giant Kakao expands blockchain presence to Singapore

Osato Avan-Nomayo

2021-08-16T10:43:04+01:00

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Starting next Monday, DBS Bank’s crypto exchange will start operating, allowing institutional investors to trade Bitcoin.

DBS wins regulatory approval in Singapore for crypto payment services

2021-08-12T13:14:24+01:00

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Visa is continuing to extend its integration with regulated crypto companies worldwide.

Digital asset platform Zipmex partners with Visa in Asia-Pacific

2021-08-06T11:46:27+01:00

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Independent Reserve gets the first in-principle approval that gives hope to around 170 crypto exchange applicants waiting to receive an official operating licen...

Singapore grants first regulatory in-principle approval to crypto exchange

2021-08-03T11:31:23+01:00

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