2024-4-3 09:25 |
Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services, the Monetary Authority of Singapore (MAS) announced on Tuesday.
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Singapore’s largest bank DBS hinted at plans to open its cryptocurrency and digital asset services to 300,000 high-net-worth clients across Asia, the Financial Times reported. The post Singapore’s largest bank DBS to offer crypto services to 300,000 investors appeared first on CryptoSlate.
2022-9-7 19:30 | |
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Singapore’s newly-enacted Payment Services Act brings so-called Digital Payment Token (DPT) services under current anti-money laundering (AML) and counter-terrorist-financing (CTF) rules.
2020-1-28 07:40 | |
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SEBA Bank AG, a Swiss-based, lender licensed by the nation’s Financial Market Supervisory Authority (FINMA) to offer a range of traditional banking services as well as cryptoassets products to its clients, has now expanded its operations to nine new jurisdictions including Italy, Germany, and Singapore, among others, according to reports on December 12, 2019.
2019-12-12 13:43 | |
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Swiss crypto bank SEBA has rolled out its services to clients across Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal
2019-12-13 12:09 | |
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OKCoin, a popular bitcoin and cryptocurrency exchange company, today announced an expansion into Singapore Dollar (SGD) spot trading markets. New customers residing in Singapore and Brunei will be able to now access SGD-based spot trading services for bitcoin (BTC) and ethereum (ETH).
2019-12-6 01:52 | |
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Tokai Tokyo, a leading financial services group in Asia’s market, recently committed to fund a security tokenization project based in Singapore. The iStox platform has attracted other big boys like Thai’s, Kiatnakin Phatra Financial Group (KKP), who participated in the firm’s Series A funding held in October, 2019. iStox is set to increase its capital […]
2019-11-21 23:02 | |
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Northern Trust, a custody bank, has begun to test the trade of fractionalized bonds using blockchain technology. The banking institution is working together with BondEvalue, a debt market firm based in Singapore.
2019-11-16 00:10 | |
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Coinspeaker UK-based FinTech Firm Revolut Plans to Raise $500 Million for Global ExpansionPopular for its digital banking services, Revolut is looking to expand its global footprint across the U.
2019-11-14 21:38 | |
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Bitcoin Press Release: Having created a blockchain entirely dedicated to the online iGaming market, DAOBet now allows the token holders to switch their ERC-20 assets to the custom built mainnet. 13th November 2019, Singapore: With online gaming industry growing, blockchain technology offers all of the characteristics that any gambler could want – speed, efficiency and […] The post DAOBet (ex.
2019-11-14 15:29 | |
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Crypto and fiat multi-currency accounts provider, Wirex has officially launched its travel Visa card as of Monday, November 11, 2019. Considering the fact that the firm focuses on establishing connections around the world with its services, the new travelcard will first be made present in the Asia-Pacific region, namely, Singapore, Taiwan, Hong Kong, South Korean, […]
2019-11-12 01:17 | |
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11th November, 2019, Singapore – Gearing up for a full-house turnout this evening at the opening event of Singapore Blockchain Week, BiKi. com’s international team continues to push forward on the globalization front.
2019-11-11 08:42 | |
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Propine, a Singapore-based startup that offers digital securities services to institutions, has just been approved to launch a digital securities custodian under Singapore’s experimental Sandbox program.
2019-11-10 15:18 | |
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The Swell conference is being held in Singapore during November 7-9. It is considered the most significant conference organized by Ripple, the creators of XRP. The conference aims to bring influential speakers from the technology, financial services, and the payment industry.
2019-11-8 01:18 | |
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The popular Luno cryptocurrency exchange is set to re-open its services in Singapore after months of ceased operations in the country. The service is set to open its deposit services in Singapore dollars within a month after two banks opened accounts on its platform, effectively ending an exile that lasted about two years.
2019-11-3 17:20 | |
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The cryptocurrency industry has gone through its fair share of troubles through the years, including an exchange called Luno. Luno moved out of Singapore and into London in 2017, stopping their services for the former at the same time.
2019-11-1 18:35 | |
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Sygnum, the Zurich-based crypto bank, has been awarded a banking licence to provide asset management services in Singapore. Announcing the news to the world, the bank said it had successfully been granted a capital markets services (CMS) licence from the Monetary Authority of Singapore (MAS)Monetary Authority of Singapore (MAS) which is an equivalent of a […]
2019-11-1 01:33 | |
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Many enthusiasts expect Ripple Labs’ XRP token to explode in the run up to the upcoming Swell conference. The Swell conference, which is hosted by Ripple and is its biggest conference of the year, will be held on Nov 7-9 in Singapore.
2019-11-1 17:25 | |
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Sygnum, the first crypto-bank to get a banking license from Swiss regulators back in August, has now received a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS).
2019-10-31 12:35 | |
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The Swell conference, which is hosted by Ripple and is its biggest conference of the year, will be held on Nov 7-9 in Singapore. It aims to bring in influential voices in the financial services, technology, and payments industry in order to discuss the current global payments industry.
2019-10-30 04:41 | |
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Financial regulators in Singapore are looking to implement robust crypto tracking as part of efforts to combat financial crimes. This move comes as authorities are set to introduce the country’s new Payment Services Act.
2019-10-17 13:27 | |
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After launching services in Asia, namely Singapore and Hong Kong, Crypto. com is aiming for the American market. According to a Twitter post, October 14, the Crypto. com app is now available in 49 U.
2019-10-15 01:00 | |
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A 29-year-old man from Singapore faces 34 years in prison after allegedly stealing Amazon AWS and Google Cloud computing power and services to mine crypto. Stole Victims’ Information to Mine Crypto Ho Jun Jia also known as Matthew Ho was taken into the custody of the Singapore Police Force on September 26 after being charged under a 14-count indictment.
2019-10-11 18:00 | |
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The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies
2019-10-10 08:55 | |
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5th September, 2019, Singapore, Singapore – Gaining momentum with the BiKi Partners Node Program, BiKi. com is proud to announce another strategic partnership, this time with Global Digital Assets (GDA), a global blockchain & digital assets focused merchant bank.
2019-9-5 11:41 | |
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Sygnum, a cryptocurrency company that claims to develop an integrated solution that enables its clients to securely issue, store, trade and manage blockchain-based cryptoassets, is seeking for a banking license from the Monetary Authority of Singapore (MAS), to enable it to offer brokerage, tokenization and other crypto-related services to qualified investors in the region, reportsRead MoreRead More.
2019-8-29 21:00 | |
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Today, we are thrilled to announce Dr. Raghuram Rajan, former Governor of the Reserve Bank of India and Distinguished Professor of Finance at the University of Chicago, and Kamal Quadir, CEO of bKash as our 2019 Swell keynote speakers.
2019-8-20 01:16 | |
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Businesses in Singapore can now have faster payments for goods purchased and services availed in China, thanks to InstaReM. Singapore-headquartered InstaReM is a digital cross-border payments company with a presence in over 40 countries, across Asia-Pacific, North America, and Europe.
2019-8-2 16:10 | |
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Coinspeaker Potential Crypto Tax Cuts Could Boost Singapore BusinessesMultinational professional services firm and one of the ‘Big Four’ auditors, PwC, praises Singapore’s move to exempt cryptocurrencies and digital tokens from sales tax when used to pay for goods and services.
2019-7-30 11:56 | |
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Singapore is currently making a move that may help the local crypto community a lot. The country is planning to exempt some digital currencies from a tax called Good and Services Tax. The idea is that this could benefit several crypto-related businesses and help the growth of the industry in the country. An expert from […]
2019-7-30 06:17 | |
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CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceJEDTrade, a Singapore blockchain startup, has today announced the launch of Jupiter Chain, a smart, consentable data exchange platform that enables the use of data analytics without compromising on privacy.
2019-7-17 21:58 | |
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CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceBinance, the popular cryptocurrency exchange company, announced earlier today the launch of Binance Singapore, a fiat-to-crypto platform for buying and selling cryptocurrency with Singapore Dollars (SGD).
2019-7-11 17:16 | |
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The U. S. is increasingly running the risk of being left behind other nations unless its authorities soon address issues surrounding Bitcoin. One of the main problems facing the cryptocurrency is tax treatment.
2019-7-10 05:30 | |
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The Inland Revenue Authority of Singapore is proposing to end the Goods and Services Tax that is imposed on cryptocurrencies. Under the existing rules, users of cryptocurrencies are taxed twice when they use them to pay for goods and services.
2019-7-9 14:08 | |
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Bitcoin Press Release: Ocean Protocol, a blockchain startup that enables secure and privacy-preserving data sharing and provides a substrate for data marketplaces and services to build on to unlock data for AI, announces the release of its live Pacific Network.
2019-7-9 13:48 | |
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Hello and welcome to another Monday and with that, another Moonday Morning – where we take a look at the weekend’s top cryptocurrency and blockchain news. Here’s Hard Fork’s selection of last weekend’s top stories: 1.
2019-7-8 12:27 | |
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Coinspeaker Singapore Proposes Dropping VAT on CryptocurrenciesSingapore plans to exempt cryptocurrencies that are intended to function as a medium of exchange from Goods and Services Tax (GST) - the local equivalent of Value-Added Tax (VAT).
2019-7-8 11:48 | |
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Singapore plans to exempt cryptocurrencies designed for payments from Goods and Services Tax (GST) — the local equivalent of VAT
2019-7-9 11:02 | |
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Singapore's tax authority aims to stop applying goods and services tax (GST) to cryptocurrency transactions.
2019-7-8 08:00 | |
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The Inland Revenue Authority of Singapore (IRAS) recently published a draft guide that detailed the conduct of goods and services tax (GST) towards cryptocurrency transactions, since there has been an increase in the use of cryptocurrencies as a mode of payment.
2019-7-8 21:38 | |
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By CCN Markets: Line, the most widely utilized messaging application in Japan with more than 80 million users is set to receive approval from Japan’s Financial Services Agency as early as June to launch a crypto exchange, according to a Bloomberg report.
2019-6-21 16:05 | |
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The concept of cross border payments has been revolutionized by the work that Ripple has put into the world. Instant Remittance, also known as InstaREM, is located in Singapore, recently partnering with Ripple for their fast and affordable performance, delivering remittance services to 50 countries.
2019-5-27 04:44 | |
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The Singapore based fintech Instant Remittance popularly known as InstaReM is now expanding to Thailand and bringing Ripple with it. The startup provides secure, fast, and affordable cross border money remittance services in over 50.
2019-5-27 22:10 | |
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It seems that Australia will be the latest country to receive the services of Zebpay, a Singapore-based cryptocurrency exchange. According to the official press release, the services will start to be operational in the country now.
2019-5-8 03:58 | |
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What Is BikiCoin? Created in June 2018 and located in Singapore, BikiCoin is a cryptocurrency trading platform that seeks to provide traders with safe, efficient, reliable, and stable digital currency trading services.
2019-5-2 09:25 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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The crypto coin custodial service provider referred to as Onchain Custodian has announced that they have finally started the onboarding services. Onchain recently launched this service in Singapore about two weeks ago, a company that has been backed by several companies; this is the likes of Chinese conglomerate Fosun and the Google investors Sequoia Capital. […]
2019-4-24 13:52 | |
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CapBridge 1exchange, which is headquartered in Singapore announced that they will be integrating the new blockchain technology. The move is to ensure they are able to offer users with trading services on their platform plus being able to register and track the shareholdings that are taking place for the investors. The trading platform has been […]
2019-4-24 02:57 | |
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Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments.
2019-4-24 01:08 | |
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North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports.
2019-4-15 12:56 | |
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On Wednesday, European crypto exchange Bitstamp announced it had received an In-Principle Approval (IPA) license in Singapore. This license comes as the exchange’s first crucial step for navigating the strict regulatory landscape of the country.
Bitstamp describes itself as the "first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore."
Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.
In the realm of digital assets, the Monetary Authority of Singapore (MAS) is forging an unprecedented alliance with esteemed financial regulatory bodies from around the world, including the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (FINMA), and the UK Financial Conduct Authority (FCA).
Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request.
The Monetary Authority of Singapore (MAS) has recently announced its plans to expand its blockchain experiment. The regulator revealed that it would soon add three asset classes to its ongoing industry pilot effort.