Ripple Labs gets nod to expand payment activities in Singapore
Ripple Labs’ Singapore unit, Ripple Markets APAC, received expanded permissions under a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The...
Singapore
Singapore Gulf Bank partners with Fireblocks to deploy institutional digital asset infrastructure
Singapore Gulf Bank (SGB) has formalized a technology partnership with Fireblocks to build digital asset infrastructure for institutional clients. The collaboration coincides with the launch...
New York Court extends assetfreeze in multichain liquidation case
A U.S. court in New York has extended a freeze on wallets holding around US$63 million in USDC stablecoins linked to the liquidation of the...
Singapore pushes Basel-Style crypto rules for banks to 2027
Singapore’s financial regulator (MAS) has announced a delay in enforcing Basel-style capital requirements on banks’ crypto exposures. Originally slated for January 2026, implementation is now...
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....
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...