Singapore Crypto News

The financial regulator argued that it did not have have cause to list FTX on its Investor Alert List.

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 carried out the transaction on Ethereum layer2 network Polygon because of its cheap transaction fees, and leveraged Aave Protocol's permissioned pool concept.

Paxos's license was approved by MAS, while Circle only got its in-principle approval. 

According to the report, this will enhance live transactions with numerous merchants by issuing vouchers using a blockchain and tokenized Singapore dollars.

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. 

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 (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.

The protocol had promised to compensate every victim of the exploit that took place on Oct. 18.

South Korean authorities reportedly urged KuCoin and OKX to freeze 3313 BTC worth over $69 million transferred to their platform.

RRMine considered Singapore as a choice destination due to its accommodating crypto policies and commitment to becoming a global crypto hub.

DBS Bank will extend its banking experience into the metaverse following its partnership with Sandbox.

DBS Bank CEO Piyush Gupta has affirmed that cryptocurrency services will soon be available to over 300,000 accredited investors in Asia.

The process would temporarily shield the embattled crypto firm from lawsuits from third parties.

MAS managing director Ravi Menon said banning the crypto industry "is not likely to work" because of the "borderless" nature of the space.

Three Arrows Capital co-founder Su Zhu alleged that liquidators misled the Singapore high court about the structure of 3AC and the role he and co-founder Kyle Davies played in it.

Teneo will now have access to bank accounts, cryptocurrencies, non-fungible tokens, and stakes in companies and properties belonging to Three Arrows Capital.

Crypto lender Hodlnaut said it suspended withdrawals, deposits and token swaps "due to recent market conditions."