Singapore has made progress in its regulatory framework for the engaging cryptocurrency industry, evidenced by its changes to its offense of payment services that involve custody of digital assets and ...
Singapore to prescribe list of regulatory fees not subject to GST; remaining fees to be taxed after 2025
SINGAPORE will prescribe a list of government fees that will not be subject to the goods and services tax (GST), with ...
Singapore expands crypto rules, now covers custody and payments
Singapore's financial regulator has released an expansion to its crypto framework. It will now oversee rules on custody and payments.
Singapore Imposes Licencing Requirement On Crypto Custody Services
Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services. The Monetary Authority of Singapore (MAS) has announced that it will now regulate ...
Singapore Expands Digital Asset Regulation To Include Token Custody And Fund Transfers
In a move to further regulate the digital asset industry, Singapore has broadened its regulatory framework to encompass the custody of tokens and additional firms involved in fund transfers. What ...
Singapore Expands Payment Services Act To Include Crypto Custody, Transfers
Singapore was among the jurisdictions that established regulations for the cryptocurrency industry utilizing a consultative approach that crypto observers lauded. It is known as a digital asset hub ...
Singapore Updates Crypto Laws for Enhanced Safety
Singapore's MAS tightens regulations on the crypto sector, expanding oversight to cover digital payment tokens and strengthening user protection.
Worry over ‘vaping generation’ in Singapore as vaping offences surged in 2023
The purchase, use or possession of vapes in Singapore in 2023 jumped to about 7,900 cases, from about 5,000 cases in 2022 and 4,700 cases in 2021.
Firms fined in Singapore for breaching food safety rules
Three companies were fined recently in Singapore for violating food safety regulations. Lee Peng Hwa, proprietor of LPH Catering, was told to pay SG ...
Singapore aims to be the “World’s Best MICE City” with New Campaign
Discover how Singapore's new campaign cements its status as the top MICE city, aiming for impactful, lasting business event legacies.
UPDATE 2-Singapore hands down first conviction in $2.2 billion money laundering case
SINGAPORE, April 2 (Reuters ... "Investigations revealed that Su Wenqiang was involved in an unlawful remote gambling business based in the Philippines, which offered its remote gambling services to ...
Singapore gears up for major campaign to revitalise nature, carbon markets
Big names are set to descend on the city-state this month for an annual conference dedicating a full day to discuss financing and regulations for protecting forests and biodiversity, amid challenges ...
Singapore stocks rise, tracking regional gains
On the wider Singapore Exchange, gainers outnumbered losers 332 to 247 as about 2.2 billion securities worth $1 billion were traded. Read more at straitstimes.com.
Singapore’s central bank likely to retain all settings next week as inflation remains sticky
We think the MAS will likely remain on hold while waiting for inflation to cool in the latter half of the year ...
Singapore Enacts Licencing Requirements for Crypto Custody Services and Others
The change in scope also includes cross-border money transfers even when the money is not accepted or received in the city-state, and the facilitation of the transmission of crypto between accounts ...
Singapore’s Crypto.com to launch mobile app for investors in Korea
Crypto.com, a Singapore-based cryptocurrency exchange, is launching a mobile app for Korean investors, signaling the beginning of its full operations in the country after initially entering the market ...