Singapore Crypto News
Learn about the latest Singapore blockchain news, events, and companies from CryptoSlate, a leading destination for cryptocurrency and blockchain news.
Singapore’s watchdog says Binance placed on Investor Alert List over FTX due to unlicensed activity
The MAS revealed Binance was placed on the IAL because it actively seeks Singaporean users and has features that could be misinterpreted to mean it is licensed by the regulator.
Asia’s Bitcoin supply records new ATH while US, EU reserves shrink
Asia currently holds 7.3% of the total Bitcoin supply as market moves inversely to the West
Singapore’s attempt to separate blockchain usage and crypto will not work: Vitalik Buterin
While Buterin appreciates Singapore's willingness to be supportive of crypto and blockchain, the country cannot have "one without the other".
Singapore’s Temasek writes off $275M FTX investment, had misplaced belief in Sam Bankman-Fried
Temasek revealed that it conducted an extensive due diligence process on FTX, which lasted 8 months between February and October 2021.
Singapore’s MAS says FTX does not operate in the country
The financial regulator argued that it did not have have cause to list FTX on its Investor Alert List.
Singapore BIS Monetary Authority and central banks of Switzerland, France explore AMMs and CBDCs
The Innovation Hub of the Bank for International Settlements (BIS) launched its latest project to explore the use of automated market makers to facilitate foreign exchange markets and CBDC payments.
JPMorgan executes first DeFi transaction on Polygon
JPMorgan carried out the transaction on Ethereum layer2 network Polygon because of its cheap transaction fees, and leveraged Aave Protocol's permissioned pool concept.
Circle, Paxos secure regulatory approval from Singapore financial watchdog
Paxos's license was approved by MAS, while Circle only got its in-principle approval.
DBS launches programmable money live pilot for Singapore government vouchers
According to the report, this will enhance live transactions with numerous merchants by issuing vouchers using a blockchain and tokenized Singapore dollars.
NFT marketplace Souffl3 closes $2 million in seed round
The funding round was co-led by Crypto.com Capital and Synergies Capital. Other participants in the round are Huobi Incubator, M77 Ventures, and J17 Capital.
CryptoSlate Wrapped Daily: Phishing attack steals 700 Ethereum; Moldova bans crypto mining
Vitalik Buterin says ZKPs are necessary for Ethereum, Binance overshadows Huobi in derivatives trading, and more in this edition of CryptoSlate Wrapped Daily.
Monetary Authority of Singapore proposes new measures to regulate crypto, stablecoins
Monetary Authority of Singapore (MAS) published two consultation papers with a host of new regulatory measures to limit activities of digital payment token services, stablecoin issuers and their customers.
BitKeep unveils redemption portal for victims of Swap hack
The protocol had promised to compensate every victim of the exploit that took place on Oct. 18.
Do Kwon, LFG deny cashing out 3313 BTC
South Korean authorities reportedly urged KuCoin and OKX to freeze 3313 BTC worth over $69 million transferred to their platform.
Filecoin service provider RRMine moves to Singapore due to China’s crypto restrictions
RRMine considered Singapore as a choice destination due to its accommodating crypto policies and commitment to becoming a global crypto hub.
Singapore’s DBS Bank enters the Metaverse with Sandbox Partnership
DBS Bank will extend its banking experience into the metaverse following its partnership with Sandbox.
Singapore’s largest bank DBS to offer crypto services to 300,000 investors
DBS Bank CEO Piyush Gupta has affirmed that cryptocurrency services will soon be available to over 300,000 accredited investors in Asia.