News with the tag "APO"

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Asia's foreign exchange markets are currently rangebound, influenced by trade tariffs and Singapore's strong GDP performance, presenting both challenges and opportunities for investors, including those in digital assets.

Ripple has launched the XRPL Accelerator program to foster innovation in DeFi and AI on the XRP Ledger, offering funding and resources to selected projects.

Singapore has fined nine financial firms, including UBS and Citigroup, a total of S$27.5 million ($21.5 million) for lapses in anti-money laundering (AML) controls related to a $2.2 billion money laundering scandal.

Amber International completed a $25.5 million private placement to support its $100 million crypto reserve fund, with investments from major backers and plans to include major cryptocurrencies.

Hong Kong is emerging as a global crypto hub as Singapore cracks down on unlicensed crypto firms, with regulatory advancements attracting more platforms and firms to Hong Kong.

The U.K. and Singapore have agreed to collaborate on finance and asset tokenization, including Project Guardian, and discussed AI initiatives and crypto regulations.

Bitstamp Singapore has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a strategic expansion into the APAC crypto market and reinforcing its commitment to regulated growth.

Binance will retain over 400 employees in Singapore despite the Monetary Authority of Singapore's crackdown on unlicensed crypto firms, as the new regulations are not expected to significantly impact its operations.

Binance plans to retain hundreds of remote workers in Singapore despite regulatory crackdowns, focusing on back-office functions to avoid direct scrutiny.