Hodlnaut is Being Investigated by Singapore Authorities
According to a press release, the Singapore Police have initiated an inquiry into the failed cryptocurrency platform known as Holdnaut....
Tag : Singapore
Binance Dominates 64% Market Share After FTX Demise
FTX’s bankruptcy has caused investors to migrate massively to the rival exchange Binance, which currently dominates with a 64% market share among the top 10...
Another Company is Affected by FTX Bankruptcy and Loses Nearly 300 Million Dollars
Temasek, a private business established by the Singaporean government in 1974, has decided to treat its investments in the defunct FTX exchange as a loss,...
Singapore Will Ban Investors From Borrowing Money to Buy Crypto
The proposed regulations for stablecoins in Singapore are coupled with plans to restrict access to cryptocurrency markets for some retail investors. These papers are now...
Blockchain.com Gets Regulatory Approval in Singapore, Following Coinbase
Popular cryptocurrency exchange Blockchain.com is the most recent cryptocurrency firm to receive approval from Singapore’s MAS to offer Digital Payment Token services in the country....
Coinbase Receives Regulatory License to Provide Services in Singapore
Coinbase, the most significant cryptocurrency exchange in the United States, has announced that it has been granted permission by the central bank of Singapore to...
Singapore’s DBS Increases Crypto Trading to 100,000 Customers
As a result of the fast growth of the cryptocurrency industry, a rising number of banks and other financial institutions are beginning to provide their...
Singapore Plans to Introduce Stricter Rules to make Crypto trading more Difficult for Retail Investors
According to a Reuters report on August 29, the head of Singapore’s central bank said that the country is mulling new measures that will make...
Crypto Lender Hodlnaut Files for Creditor Protection in Singapore
Hodlnaut, a cryptocurrency lender that recently halted withdrawals in response to market conditions, recently applied in Singapore to be granted creditor protection....
Singapore Court Provides Over 3-Month Creditor Protection for Zipmex Cryptocurrency Exchange
The crypto lending industry has experienced significant liquidity challenges, due to lenders’ inability to offer complete liquidity on assets that were lent out at the...