News with the tag "Singapore crypto"

Singapore’s crypto-friendly regulations and doubling of licenses in 2024 position it as a growing hub for blockchain innovation.

In 2025, Singapore Gulf Bank plans to raise a minimum of $50 million in order to purchase a stablecoin payment startup. The post Singapore Gulf Bank Eyes $50 Million Acquisition of Stablecoin Payments Company appeared first on Cryptonews .

The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray.

Singapore scored high in the adoption index because of several criteria, including regulations, innovation and technology.

Hong Kong is making significant strides in comprehensive crypto regulation, aiming to become a leading hub for cryptocurrencies and security token offerings (STOs). Industry leaders and regulatory bodies have noted the city’s bold approach, which could give Hong Kong a competitive advantage over oth...

Eleven people were robbed in Singapore of multiple items including cryptocurrencies and fiat. A new report from local sources shows that the suspect broke into a house in Bukit Timah and carted away with NT$4.34 million worth of assets. According to the report, over four men robbed the victims at a ...

Singapore’s regulatory landscape for the crypto market is evolving, and a recent milestone underscores this shift. GSR Markets, a prominent crypto market maker, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS). This marks a significant development as ...

Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do not fulfil...

The in-principle approval brings Bitstamp a step closer to offering digital payment token services in the city-state.

Singapore’s Police Force and Cyber Security Agency (CSA) have issued a joint warning about “crypto drainer” malware, which steals cryptocurrencies from wallets. As digital assets become more popular, “Cybercriminals are increasingly leveraging crypto drainers to target owners of cryptocurrency walle...