News with the tag "SINGAPORE"

Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering scandal, which involved the seizure of assets ranging from luxury real estate to cryptocurrency. The Monetary Authority of Singapore (MAS) annou...

Amber International announced the completion of a $25.5 million private placement backed by major investors. The funds will go to supporting the firm’s $100 million crypto reserve target. On July 3, the Singaporean -based firm has managed to reach more than a quarter of its initial goal to establish...

Analysts say that Hong Kong could gain the upper hand in its expansion into a global crypto hub in the wake of Singapore’s regulatory crackdown on unlicensed firms in the region. A recent report by the South China Morning Post revealed that the special administrative region’s web3 industry could see...

The U.K and and Singapore have agreed to pursue collaborations on several areas related to digital finance, including the use of artificial intelligence in finance and asset tokenization. During the 10th Financial Dialogue held in London recently, representatives from both countries discussed possib...

BitcoinWorld Bitstamp Singapore Unlocks Pivotal APAC Expansion with MAS License The world of cryptocurrency is constantly evolving, with regulatory milestones often serving as key indicators of maturity and growth. In a significant development that underscores its commitment to global expansion and ...

Binance will reportedly keep its over 400 of its workers based in Singapore, despite a crackdown on unlicensed crypto firms in the region after the June 30 deadline passed. According to a recent Bloomberg report , the world’s largest crypto exchange by trading volume will maintain its Singapore -bas...

Binance reportedly plans to retain hundreds of remote workers in Singapore, even as the city-state moves to tighten rules on digital-asset firms offering services overseas without a license. The Monetary Authority of Singapore (MAS) has given crypto firms incorporated locally but targeting offshore ...