Singapore News
Singapore, UAE Named World’s Most “Crypto-Obsessed” Nations
Singapore and the United Arab Emirates (UAE) have emerged as the world’s most crypto-focused (or obsessed) nations, according to reporting...
26% of Singaporeans Hold Crypto as Volkswagen Embraces Bitcoin Payments for Cars
Singapore’s crypto scene is in an interesting situation. On one hand, mainstream brands are edging digital assets into everyday commerce; ...
Singapore Dollar Stablecoin XSGD Debuts on XRP Ledger in Ripple-Powered Payments Push
Payment infrastructure firm StraitsX has added its Singapore dollar-pegged stablecoin, XSGD, to the XRP Ledger (XRPL), in an attempt to exte...
Polymarket Banned in Singapore in Illegal Online Gambling Crackdown
Singapore has become the latest jurisdiction to ban access to the blockchain based ‘prediction marketplace’, Polymarket, after the gover...
Singapore MAS Rolls Out New Frameworks for Asset Tokenisation
Singapore is continuing to build its reputation as an Asian hub for crypto, with the nation’s leading financial regulators looking to brin...
Singapore’s Multinational Bank DBS Denies Holding $650 Million in ETH, Following Nansen Post
The crypto hype machine experienced another glitch this week as on-chain data analytics platform Nansen erroneously raised hopes that Singap...
Singapore Police Issue Stern Warning About Increased Use of Crypto Drainers
Singapore Police Force (SPF) issued a joint statement with Singapore’s Cyber Security Agency (CSA) urging the public to protect themselves...
Upbit Crypto Exchange Scores Digital Payment Token Services License From Singapore’s MAS
Singapore’s endorsement of digital innovation has taken another significant leap, with South Korean cryptocurrency exchange Upbit securing...
Billion-Dollar Freeze: Three Arrows Capital Founders Hit with Major Asset Block
A British Virgin Islands court issued an order, freezing around $1 billion in assets of the founders of Three Arrows Capital (3AC). This act...
3AC Co-Founder Grilled in Singapore Court Over Crypto Fund’s Collapse
In a recent two-day court hearing in Singapore, Su Zhu, the co-founder of Three Arrows Capital, faced questioning over the collapse of the c...
HK game firm to buy $100M crypto for treasury, China/UAE CBDC deal: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong gaming firm to invest $100M in cry...
Singapore Central Bank Issues Final Guidelines for Crypto Payment Providers
The Monetary Authority of Singapore (MAS) has published the final part of its consultation response on conduct and consumer protection oblig...