Investments
Singapore pledges $112M to foster fintech and web3 innovation
Singapore's MAS said individual web3 projects would get grant funding to support actual trial and commercialization of their products.
Oluwapelumi Adejumo 2 min read
Singapore News
News on MAS policy, licensing, venture activity, and Singapore’s position as a Web3 finance hub.
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Top Singapore Stories
Bankruptcy
OPNX submits bid to takeover troubled Singapore-based crypto lender Hodlnaut
OPNX, whose founders include Kyle Davies and Su Zhu, the co-founders of bankrupt 3AC, wants to provide $30 million in FLEX tokens to Hodlnaut.
Trading
Crypto market maker Wintermute shifts focus to Asia amid Western regulatory turmoil, plans expansion
Wintermute is eyeing growth in other jurisdictions amid the regulatory pressure in the West.
Latest Singapore Crypto News & Analysis
Legal
Singapore High Court declares cryptocurrency as property, rules in favor of ByBit in trust case
Judge Jeyaretnam ruled that crypto is a property recognized by the common law as a thing in action.
Investments
Singaporean sovereign fund Temasek exits crypto altogether amid regulatory crackdown
The investment chief conceded that Temasek might invest in crypto if the regulatory framework becomes comfortable, but the fund is still nursing its wounds from its FTX bet gone sour.
Analysis
Global regulatory developments are literally reshaping the crypto world
Governments across the globe are catching up cryptocurrency innovation as they work to establish regulations that will shape the industry's physical and geographical presence.
Adoption
Circle targets APAC’s 74% USD trade invoicing for digital dollar growth
Circle's USDC seeks to transform Asia's financial infrastructure, leveraging the USD's dominance in trade invoicing.
Regulation
Belarus eyes ban on peer-to-peer crypto transactions in fight against cybercrime
Belarus said the move would help the country combat cybercrimes and make it difficult for criminals to launder their funds.
Regulation
Asia crypto hubs introduce new bans to lending, staking for retail investors
Singapore and Thailand are limiting the offering lending or staking services to retail users.
More Singapore Crypto News Headlines
Regulation
Asia is a ‘huge area of focus’ for Circle, especially Hong Kong: CEO Jeremy Allaire
Regulation
Singapore approves Ripple’s Major Payment Institution license application
Exchanges
Gemini eyes Asia-Pacific markets as US regulatory pressures intensify
Regulation