News with the tag "SGD"

Singapore’s financial sector has been rocked by one of the most elaborate insider fraud cases in the cryptocurrency space. Strait Times, a Singaporean news outlet reports , Ho Kai Xin, a 32-year-old former outsourced payroll manager at Bybit Fintech, has been sentenced to nearly ten years in prison ...

Robinhood has announced plans to introduce its crypto offerings in Singapore by 2025, following its acquisition of the European digital-assets exchange Bitstamp Ltd. The move will see the California-based financial entity move further into the Asia-Pacific (APAC) region, with plans to launch the ser...

Crypto.com recently announced that it will delist Tether’s stablecoin USDT on January 31 to comply with the Markets in Crypto-Assets Regulations (MiCA). The exchange also revealed that it will delist nine other tokens, including Crypto.com Staked ETH, Crypto.com Staked SOL, DAI, PAX Dollar, PAX Gold...

In a recent announcement, COINOTAG News reported on January 29 that due to the implementation of the MiCA regulatory policy, Crypto.com is set to delist several digital assets in Europe.

Countries in Southeast Asia that make up the Association of Southeast Asian Nations (ASEAN) are quietly battling with each other to claim the region’s top AI hub position. According to CNBC , the 10 countries in Southeast Asia’s emerging economies have a combined population of 672 million people and...

The controversial WazirX hack that resulted in the theft of $235 million in crypto sparked discussion about security in the industry. Affected users are demanding robust measures as they are missing out on the selling opportunity amid the bull run. A $200 million fund movement from Binance and Wazir...

Cantor Fitzgerald expressed in its bi-weekly macro report on Tuesday that it expects inflation to remain a persistent challenge, highlighting that overall inflation levels carry noticeable upside risks. “We continue to believe that inflation rate has significant upside risk,” Cantor Fitzgerald said....

Tao Yaqiong, the wife of Zhu Su, co-founder of the bankrupt hedge fund Three Arrows Capital (3AC), sold her Singapore-based mansion for a whopping $38.5 million. She managed to complete the sale despite a court-ordered asset freeze. According to Bloomberg News, property records revealed that Yaqiong...

Solana (SOL) gained a Singapore dollar pairing on Upbit. The new listing arrives at a time of growing trading volumes for SOL, though with higher price volatility.

Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credentialing.