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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
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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…
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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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Franklin Templeton gets the regulatory green light to launch its first tokenized fund in Singapore. The fund boasts a $20 investment minimum for retail investors. According to a report from Tech in Asia, the U.S.-based global investment management firm is…
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WazirX could restart operations next month, as the hacked trading platform awaits a crucial court decision in Singapore that could clear the way for its post-hack recovery plan and user compensation scheme. After nearly nine months of inactivity, WazirX could…
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Singapore’s current tone of caution on crypto could limit its future competitiveness, Coinbase warned, urging a more ambitious national strategy. U.S.-based crypto exchange Coinbase has urged Singapore to take a bolder approach to digital assets, warning that the country could…
BTC
Bitcoin
News
With China threatening strong retaliation against Trump’s tariff demands, Bitcoin might be primed for a breakout, following its history of thriving amid geopolitical turmoil. Geopolitical tensions seem to be drawing attention back to Bitcoin (BTC), with Matrixport forecasting a potential…
BTC
Bitcoin
News
More than half of Singapore holders are using digital assets for payments as crypto ownership climbs to 26%, survey reveals. More people in Singapore are owning and using cryptocurrency, especially for payments, The Straits Times reports, citing a new survey…
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Sony Singapore has announced that it will start accepting customer payments in USDC through Crypto.com. The company also plans to accept other crypto assets in the future. Starting from April 2 11:00 SST, Singaporean users can start paying for Sony…
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StraitsX USD, a Singaporean firm-issued USD stablecoin, soared as high as 5% after Binance announced it will be listing the token on March 19. On Mar. 17, Binance announced that it will be listing StraitsX USD and open trading for…
USDT
Tether
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The Monetary Authority of Singapore and Vietnam’s State Securities Commission have signed a Letter of Intent to collaborate on capital markets regulation and digital asset oversight. The agreement will help both regulators share information on regulatory frameworks, supervisory practices, and…
