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Citi, DBS test instant U.S.-Singapore payments
Latest Singapore News
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Singapore Gulf Bank has expanded its U.S. dollar payment services through BNY’s 24/7 transfer network, giving eligible corporate and retail clients access to qualifying transfers during weekends and U.S. public holidays. Singapore Gulf Bank announced on Oct. 12 that it…
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Standard Chartered has announced plans to introduce digital asset custody services in Singapore for institutional and accredited investor corporate clients, covering selected cryptocurrencies, stablecoins and tokenized real-world assets. According to the bank’s announcement, the proposed offering will operate alongside its…
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Hyperliquid Labs has confirmed its registered headquarters in Singapore, where its roughly 11-person team moved in 2024, while the country’s regulator has said it is unaware of the platform being regulated in any major jurisdiction. The Financial Times reported that…
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Kraken parent Payward has connected to Singapore Gulf Bank’s SGB Net, giving select institutions 24/7 U.S. dollar settlement.
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India has remained Central and Southeast Asia and Oceania’s largest market for centralized crypto exchange inflows, receiving $88.4 billion through CEXs even as its overall crypto economy contracted 14.7% during the latest reporting period. According to Chainalysis, India recorded $135…
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Six Malaysians were jailed over a S$4.9 million Singapore crypto heist, with S$3.21 million in stolen assets still unrecovered after sentencing.
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Singapore has opened online bidding for the first 624 luxury items forfeited in its S$3 billion, or roughly $2.37 billion, money laundering case. Hotlotz said in its auction announcement that bidding for both sales began on Sep. 7. The Singapore…
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Gemini secured a Singapore MPI license covering digital payment token and cross-border transfer services without standard volume limits.
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Citi and DBS completed a weekend tokenized dollar payment between Singapore and New York in minutes using Swift’s blockchain ledger.
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The Monetary Authority of Singapore has proposed amendments to the Payment Services Act 2019 that would put its stablecoin framework into law while introducing rules for overseas issuers, interest payments and issuer wind-down plans. MAS published the consultation on Sept.…
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TRM Labs has appointed former Monetary Authority of Singapore official Ziqing Ang as Head of Policy for Asia-Pacific as the blockchain intelligence firm tracks more than $103 billion in adjusted crypto crime volume in 2025. According to details shared with…
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Gemini users in Singapore can now deposit and withdraw XRP through XRPL, expanding the exchange’s support for Ripple-related assets.
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Visa is reportedly seeking a stablecoin settlement partner licensed in four markets after Mastercard completed its BVNK acquisition.
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A Singapore court has frozen about S$75 million ($58 million) in Bitcoin and USD Coin after a major crypto trading platform alleged that an internal ledger error caused it to mistakenly credit thousands of BTC and Bitcoin Cash to a…
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A fake cryptocurrency job offer that infected a company-issued device has led to US$11.8 million in losses after attackers gained access to corporate systems and bypassed transaction controls, Singapore authorities have said. The Singapore Police Force and Cyber Security Agency…
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Binance and RedotPay have given conflicting accounts of whether Singapore proceedings linked to their nearly $473 million legal dispute are being discontinued following an Aug. 7 court hearing. Cointelegraph reported on Tuesday that RedotPay expects Binance to discontinue the Singapore…
