Crypto Firms To Keep Clients’ Funds In A Statutory Trust: MAS
The Monetary Authority of Singapore (MAS), the country's central bank, has ordered crypto firms to transfer user assets to a ...
Tag: Singapore
Surge In Crypto Demand Powers Sygnum’s Singapore Brokerage Expansion
As crypto continues to break boundaries in the global financial scene, demand for crypto transactions is growing steadily among various ...
Temasek Takes A Hit: FTX Investment Failure Triggers Pay Cuts For Singapore State Fund
Temasek Holdings, a prominent state investor in Singapore, has taken the decision to reduce the compensation of its investment team ...
Singapore Extends Creditor Protection For Crypto Lender Babel Finance
Hong-Kong-based crypto lender Babel Finance which operated out of Singapore has been granted an extension of its creditor protection by ...
Singapore Authorities Aid Banks In Investigating Potential Crypto Clients
While the crypto industry has appeared to be in need of constant access to traditional banks like never before especially ...
Binance Attempts To Secure License To Offer Crypto Services In Singapore Again
Binance, the world's largest crypto exchange, is reportedly trying to secure cryptocurrency services in Singapore again. The custodial arm of ...
DBS Bank Intends To Provide Crypto Trading In Hong Kong
Singapore-based bank DBS plans to apply for a license to help offer crypto trading services in Hong Kong. In recent ...
Crypto Firm Vauld Gets Creditor Protection From Singapore Court
The crypto space witnessed the bankruptcy of some firms due to the prevailing bearish trend in 2022. Without much warning, ...
