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News

Lightnet Group Secures $50 Million Capital Commitment from LDA Capital

  • The company is planning to expand its operations.
  • Lightnet is targeting growth opportunities in the payment and remittance space.
Tuesday, 30/08/2022 | 10:25 GMT by Bilal Jafar
News

M-DAQ Completes Acquisition of Wallex

  • The acquisition was first announced in February 2022.
  • M-DAQ is planning to expand its global presence.
Wednesday, 10/08/2022 | 12:07 GMT by Bilal Jafar
Thought Leaders

Finalto Adds SGISGD - MSCI Singapore Index to its Platform

  • The addition of the index enables exposure to Singapore’s economy with a single position.
Monday, 08/08/2022 | 08:17 GMT by FM
Thought Leaders

Finalto Certified by Singapore FinTech Association (SFA)

  • The certification is a benchmark qualification for the fintech industry in Singapore
Monday, 01/08/2022 | 09:12 GMT by FM
News

Crypto Exchange Zipmex Files for Bankruptcy Protection in Singapore

  • It is seeking a moratorium period against creditors' claims.
  • It suspended all withdrawals earlier this month.
Friday, 29/07/2022 | 08:06 GMT by Arnab Shome
CryptoCurrency

Three Arrows Capital Founders Finally Speak Up, Mull Over Move to Dubai

  • The co-founders are looking to move to Dubai in the United Arab Emirates.
  • They described the collapse of their crypto hedge fund as 'regrettable'.
Friday, 22/07/2022 | 12:46 GMT by Solomon Oladipupo
CryptoCurrency

Vauld Filed a Moratorium Order for Protection against Its Creditors

  • Vauld's Co-Founder and CEO made it clear that the company is not shutting down.
  • The duration of the moratorium is 6 months.
Thursday, 21/07/2022 | 09:47 GMT by Matti Williamson
Executive Moves

Christopher Brankin Leaves TD Ameritrade, Joins Capital.com as Singapore CEO

  • He was the CEO of TD Ameritrade in Asia for the last 11 years.
  • Capital.com hired several industry experts in APAC recently.
Friday, 15/07/2022 | 07:03 GMT by Arnab Shome
Brokers

LiteFinance Opens New Regional Representative Office in Singapore

  • The broker has over a dozen of such regional offices in Asia and Africa.
  • It aims to support local clients and partners with the new office.
Tuesday, 12/07/2022 | 10:45 GMT by Arnab Shome
Regulation

Singapore’s MAS Mulls to Bring Retail Crypto Trading Restrictions

  • The move came with the ongoing collapse in the crypto market.
  • Some of the recently collapsed crypto firms are based in Singapore.
Tuesday, 05/07/2022 | 06:39 GMT by Arnab Shome
Brokers

Futu’s Singapore Subsidiary Becomes Full-Service Digital Broker

  • It can now execute and settle transactions through its clearing system.
  • It is now expanding in markets outside China.
Thursday, 30/06/2022 | 09:42 GMT by Arnab Shome
CryptoCurrency

Singapore: Is the City-State Ready to Become Asia’s Next Crypto Hub?

  • The Monetary Authority of Singapore recently granted in-principle approval to Crypto.com.
  • The country’s tough regulatory requirements will develop a more ‘sustainable’ crypto ecosystem.
Saturday, 25/06/2022 | 14:59 GMT by Bilal Jafar
CryptoCurrency

Coinbase Decides against Full Acquisition of Singapore-based Zipmex

  • Zipmex raised $52 million from its Series B fundraising round.
  • A new round could value the crypto exchange at $400 million.
Thursday, 09/06/2022 | 21:27 GMT by Solomon Oladipupo
News

Singapore Releases Platform to Improve Supply Chain Efficiency

  • Over 70 participants joined the public-private initiative.
  • DBS, OCBC, UOB, among others are participating in SGTraDex.
Wednesday, 01/06/2022 | 21:18 GMT by Felipe Erazo
News

Singapore’s MAS Launches Pilot to Explore Tokenization, DeFi

  • The regulator is working with industry giants like DBS and JPMorgan.
  • The pilot will explore the wholesale use of DeFi.
Tuesday, 31/05/2022 | 06:59 GMT by Arnab Shome
FinTech

Thunes Partners with MOVii to Power Cross-Border Payments in Colombia

  • MOVii says it has more than 3 million mobile wallet users.
  • Thunes’ global network spreads across 127 countries.
Friday, 27/05/2022 | 13:14 GMT by Solomon Oladipupo
CryptoCurrency

Bybit Introduces BTC, ETH, BIT Liquidity Minning Pools

  • Pools are paired with USDT.
  • Funds can yield up to 30% APY.
Thursday, 19/05/2022 | 20:28 GMT by Solomon Oladipupo
Institutional FX

SGX Sees Jumps in Derivative Markets as STI Shrinks -1.5%

  • Derivatives DAV leaped 25% YoY
  • The STI tumbled -1.9% on Thursday.
Thursday, 12/05/2022 | 21:10 GMT by Solomon Oladipupo
Execution

LSEG to Launch an NDF Matching Venue in Singapore

  • It is receiving the support of the Monetary Authority of Singapore for the new venue.
  • Demand for FX NDFs is continuously increasing.
Thursday, 05/05/2022 | 09:48 GMT by Arnab Shome
FinTech

Ant Group to Acquire Majority Ownership of Payments Platform 2C2P

  • The companies made the announcement on Monday.
  • Over the years, Ant Group has expanded its presence in Southeast Asia.
Tuesday, 19/04/2022 | 01:17 GMT by Felipe Erazo
CryptoCurrency

Singapore Parliament Passes Law to Tighten Crypto Rules

  • Cyberattacks or disruptions of financial institutions' services could result in penalties.
  • Companies that only do business overseas will need to be licensed under the new legislation.
Tuesday, 05/04/2022 | 23:23 GMT by Felipe Erazo
Institutional FX

TP ICAP to Launch Electronic FX Trading Platform in Singapore

  • The platform is receiving support from the local regulator.
  • Initially, it will offer Asian 1 Month Non-Deliverable Forwards (NDF).
Thursday, 17/03/2022 | 09:03 GMT by Arnab Shome
News

Sygnum Singapore Receives In-Principle Approval to Enhance Regulated Activities

  • The company secured approval from the Monetary Authority of Singapore.
  • Sygnum will be able to conduct 3 additional regulated activities under the CMS license.
Monday, 14/03/2022 | 13:58 GMT by Bilal Jafar
News

Paxos Gains In-Principal Approval from Singapore Regulator

  • It has had a presence in the city-state since 2012.
  • The company is now holding a license in both New York and Singapore.
Friday, 11/03/2022 | 08:04 GMT by Arnab Shome
Institutional FX

Integral Announces Availability of IntegralFX in Singapore’s SG1 Data Center

  • The company’s cloud-based SaaS FX workflow platform will facilitate financial institutions.
  • Integral is planning to expand its presence in the Asian region.
Wednesday, 09/03/2022 | 07:55 GMT by Bilal Jafar
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