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CryptoCurrency

Gemini Expands APAC Operations with New Hires and Engineering Hub

  • The exchange is seeking to establish itself outside the United States.
  • Gemini also stated it is building its second-largest engineering hub in India.
Tuesday, 20/06/2023 | 19:00 GMT by Jared Kirui
Executive Moves

Tools for Brokers Elevates APAC Sales Manager to Singapore Head

  • Han Ong joined Tools for Brokers last October.
  • He will now be responsible for business growth in APAC.
Wednesday, 14/06/2023 | 06:10 GMT by Arnab Shome
CryptoCurrency

Sygnum Inches Closure to Get Singapore's Payment Institution License

  • The company already holds a capital markets license in the city-state.
  • Several other crypto firms recently obtained a Singapore license.
Tuesday, 13/06/2023 | 06:24 GMT by Arnab Shome
CryptoCurrency

Circle Singapore Gains MAS Approval for Digital Payments Service

  • The company can now offer cross-border and domestic money transfer services.
  • Earlier, Coinbase, Crypto.com, and others also received the same license.
Wednesday, 07/06/2023 | 06:38 GMT by Arnab Shome
Retail FX

Singapore Proposes Restrictions on Financial Product Promotions

  • MAS proposed restrictions on both physical and digital promotions.
  • It will accept public feedback until 30 June.
Tuesday, 25/04/2023 | 10:22 GMT by Arnab Shome
Retail FX

CMC's CFDs Clients in Singapore Can Access 'Invest' from May

  • The platform will start opening new accounts in Q3.
  • It is already available in the UK and Australia.
Tuesday, 04/04/2023 | 08:01 GMT by Arnab Shome
FinTech

Singapore, Malaysia Launch Unified QR Code for Cross-Border Payment

  • However, cross-border payment is restricted to customers of participating institutions.
  • Both countries plan to launch account-to-account fund transfers by end of the year.
Friday, 31/03/2023 | 16:17 GMT by Solomon Oladipupo
CryptoCurrency

Coinbase’s New Banking Partner a Ray of Hope amidst Struggles in US Banking Sector

  • The new cooperation will allow Coinbase to offer free transfers in Singapore.
  • After the banking turmoil in the USA, some crypto companies struggle to find banking partners.
Wednesday, 15/03/2023 | 09:08 GMT by Damian Chmiel
Retail FX

Horizon Software Eyes ASEAN Dominance with New SGX Connectivity

  • The company opened a Singapore office last September.
  • Its first client went live on SGX Securities Trading in November 2022.
Tuesday, 07/03/2023 | 08:55 GMT by Arnab Shome
CryptoCurrency

Binance's Ceffu Looks for Corporate Crypto License in Singapore

  • After the retail business fiasco in the region, Binance wants to focus on professional clients.
  • The move occurs despite the exchange's mounting regulatory pressure in the US.
Thursday, 02/03/2023 | 10:35 GMT by Damian Chmiel
Executive Moves

CMC Invest Singapore Brings In New Head Before Soft Launch

  • CMC will soft launch the new services on 31 March.
  • The new hire will be responsible for the entire launch journey.
Thursday, 02/03/2023 | 08:01 GMT by Arnab Shome
Op-ed
Op-ed
CryptoCurrency
Op-ed
Op-ed

Hong Kong and Singapore: Open to Crypto

  • US regulators appear hostile to the crypto industry, but crypto is a global technology.
  • Hong Kong and Singapore can become Asian crypto hubs, perhaps influencing China's approach.
Friday, 24/02/2023 | 15:30 GMT by Sam White
CryptoCurrency

Deutsche Bank Works on Tokenized Trading Platform, Finishes Trial Phase

  • DAMA allows the management of digital funds investing in tokenized securities.
  • Deutsche Bank wants to develop the project by tapping into the potential of the Singapore market.
Wednesday, 22/02/2023 | 09:55 GMT by Damian Chmiel
CryptoCurrency

DBS Sees 80% BTC Trading Surge on DDEx Exchange in 2022

  • Additionally, ETH trading volumes rose by 65%.
  • However, dollar-denominated turnover stayed the same due to the visible crypto price slump last year.
Wednesday, 15/02/2023 | 09:15 GMT by Damian Chmiel
Executives

Edgewater Taps FX Veteran Chan Chong San to Consolidate APAC Presence

  • Chan was previously the MD of GFI Group.
  • He brings over three decades of experience to his new role at Edgewater.
Thursday, 09/02/2023 | 12:32 GMT by Solomon Oladipupo
FinTech

UK and Singapore Agree to 'Deepen Cooperation' in Fintech

  • UK fintech investment grew 24% YoY to $9.1 billion in the first half of 2022.
  • Report ranks Singapore as South East Asia's leading fintech hub.
Friday, 25/11/2022 | 14:55 GMT by Solomon Oladipupo
News

Singapore Police Investigating Crypto Platform Hodlnaut for Fraud

  • The platform suspended all activities in August.
  • It reported massive exposure to FTX.
Friday, 25/11/2022 | 08:18 GMT by Arnab Shome
Institutional FX

LMAX Group Launches Matching Engine from SG1 Data Center

  • It is the fourth matching engine of LMAX.
  • The group is seeking the approval of MAS to further expand services from Singapore.
Friday, 18/11/2022 | 11:21 GMT by Arnab Shome
CryptoCurrency

Paxos Becomes “Major Payments Institution” in Singapore

  • It has had a presence in the city-state for ten years.
  • In March 2022, the company received in-principal approval from MAS.
Wednesday, 02/11/2022 | 10:10 GMT by Damian Chmiel
CryptoCurrency

Singapore’s MAS Proposes Restrictions on Retail Crypto Trading

  • It has proposed many rules around stablecoins.
  • The regulator is accepting feedback on the proposed rules until 21 December.
Wednesday, 26/10/2022 | 10:12 GMT by Arnab Shome
Thought Leaders

MultiBank Group Announces Two Additional Licenses in UAE and Singapore

  • The new licenses help consolidate MultiBank's position as one of the most trusted brokers.
Wednesday, 19/10/2022 | 14:56 GMT by FM
CryptoCurrency

Blockchain.com Gets Regulatory Greenlight from Singapore’s MAS

  • Singapore now has 18 regulated crypto service providers.
  • Blockchain.com also received approval from Dubai last month.
Wednesday, 12/10/2022 | 11:57 GMT by Arnab Shome
News

Coinbase Gains In-Principal Approval from Singapore’s MAS

  • The exchange can now offer crypto products in Singapore.
  • MAS has handed 17 in-principal approvals and licenses for crypto services.
Tuesday, 11/10/2022 | 10:08 GMT by Arnab Shome
Institutional FX

Horizon Software Bolsters APAC Presence with New Singapore Office

  • The company already has seven other offices globally.
  • The new office will bring the company closer to the APAC client base.
Thursday, 29/09/2022 | 10:56 GMT by Arnab Shome
Retail FX

Tools for Brokers Strengthens APAC Presence with New Singapore Office

  • It is now operating from five global offices.
  • Earlier, the company promoted Sergei Gruzin as the Asia Head of Business Development.
Thursday, 08/09/2022 | 10:53 GMT by Arnab Shome
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