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The Monetary Authority of Singapore will postpone the implementation of the Basel Committee’s crypto regulations from 2026 to 2027 to give banks more time to adjust. According to a report by Caixin media, the nation’s financial watchdog revealed in a…
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TOKEN2049 scrubbed all references to the A7A5 stablecoin from its website and speaker roster following Reuters’ inquiry. The swift takedown of the platinum sponsor, targeted by U.S. sanctions, revealed the event’s reactive posture to a major compliance scandal. On Oct.…
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OKX Singapore has rolled out stablecoin payments for everyday purchases, letting customers pay with GrabPay merchant-partners across the city. OKX Singapore’s scan-to-pay service lets customers spend USDT and USDC stablecoins directly at GrabPay merchants across the country, making everyday crypto…
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Coinbase is partnering with StraitsX to bring the world’s first SGD-backed stablecoin to users on the platform. The token is recognized by the Monetary Authority of Singapore as compliant with the upcoming stablecoin framework. According to a press release sent…
BASE
Base
AERO
Aerodrome Finance
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UK trading giant IG Group is set to acquire a 70% stake in Australian crypto exchange Independent Reserve in a A$178 million deal, pending regulatory approval in Australia and Singapore. IG Group to acquire majority stake in Independent Reserve UK-based…
BTC
Bitcoin
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QCP trading, the over-the-counter trading arm for Singapore-based crypto trading and investment firm QCP Group, has secured a Major Payments Institution license from the country’s key financial regulator. According to a Sep. 1 press release, the Monetary Authority of Singapore…
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OKX Singapore
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CMB International Asset Management and DigiFT launched the CMB International USD Money Market Fund as a tokenized product on Solana, Ethereum, Arbitrum, and Plume. CMB International Asset Management and Singapore-based licensed RWA exchange DigiFT have launched the CMB International USD…
SOL
Solana
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Amber International announced the completion of a $25.5 million private placement backed by major investors. The funds will go to supporting the firm’s $100 million crypto reserve target. On July 3, the Singaporean-based firm has managed to reach more than…
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Analysts say that Hong Kong could gain the upper hand in its expansion into a global crypto hub in the wake of Singapore’s regulatory crackdown on unlicensed firms in the region. A recent report by the South China Morning Post…
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Bitstamp by Robinhood has received a Major Payment Institution license from Singaporean financial authorities, following the deadline set for unlicensed crypto firms to cease operations in the region. According to a press release issued on July 3, Bitstamp by Robinhood…
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Binance will reportedly keep its over 400 of its workers based in Singapore, despite a crackdown on unlicensed crypto firms in the region after the June 30 deadline passed. According to a recent Bloomberg report, the world’s largest crypto exchange…
BNB
BNB
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Ant International is accelerating its global pivot with plans to apply for stablecoin licenses in Hong Kong, Singapore, and Luxembourg. Ant International — the global arm of Jack Ma-backed Ant Group Co., an affiliate of Alibaba Group and operator of…
BTC
Bitcoin
News
Singaporean financial authorities have issued a final warning to crypto exchanges operating in the region without a license. Exchanges are expected to cease operations by June 30 at the latest. According to a recent report by Bloomberg, the Monetary Authority…
News
Mintable is set to launch NFT collectibles as part of its interactive Eco Trail Treasure Hunt ahead of the country’s annual Youth4Climate Festival 2025, as part of the Singapore Sustainability Festival. The Singaporean NFT marketplace is preparing to launch five…
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A growing number of Singaporeans exited the crypto market in 2024, with ownership falling 11% and 50% of holders selling their assets. Many crypto investors in Singapore are locking in gains and rebalancing their portfolios instead of jumping into the…
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