The small city-state has become the go-to destination for big acts—including Coldplay and Taylor Swift—frustrating fans across Southeast Asia.
Singapore Court Set to Decide Fate of Crypto Lender Hodlnaut in August Hearing
A court in Singapore is poised to make a crucial decision about the future of crypto lender Hodlnaut during an upcoming hearing scheduled for August 7.
Crypto Firm Ripple Secures License To Operate In Singapore
Ripple’s expansion into Singapore comes as the U.S. Securities and Exchange Commission has charged the crypto firm with conducting an illegal securities offering that raised more than $1.3 billion U.S. through sales of the XRP digital token. Ripple ...
Ripple Secures Approval to Offer Digital Asset Services in Singapore
Ripple said that less than 20 crypto-related companies have secured in-principle approvals and licenses in Singapore so far. The Monetary Authority of Singapore (MAS), the state’s central bank and financial watchdog, granted these permits. The approval ...
Singapore’s Monetary Authority unveils innovative guidelines for crypto assets
The Monetary Authority of Singapore (MAS) has taken a significant stride towards creating a uniform regulatory framework for using crypto assets. MAS has proposed a comprehensive set of guidelines to govern the evolving digital currency landscape in a ...
Angry with slow Wi-fi, Singapore tenant tries to strangle landlady
A 30-year-old man tried to strangle his landlady in Singapore after he flew into a rage over the slow Wi-fi speed in his apartment, according to reports.Local media reported that Li Xin pleaded guilty ...
MAS fines DBS, OCBC, Citibank and Swiss Life for Wirecard breaches
The Monetary Authority of Singapore (MAS) has fined banks DBS, OCBC, Citibank and insurer Swiss Life a total of SG$3.8 million for breaching requirement on anti-money laundering and countering the ...
Taylor Swift fans reportedly caused UOB card application surge
SINGAPORE — Applications for UOB debit and credit cards surged after it was announced that the bank's credit and debit cardholders will have privileged access to the pre-sale window and general ...
QCP Capital, SBI Alpha Execute First Uncleared Crypto Options Trade on Regulated Platform Using Bitcoin as Collateral
Singapore-based QCP Capital and Japan-based SBI Alpha Trading on Thursday said they executed an over-the-counter (OTC) crypto options trade on a regulated platform without involving a clearing house, the first such transaction in the digital asset industry.
Enterprise Blockchain Firm Ripple Secures In-Principle Regulatory Approval in Singapore
Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, announced that its Singapore subsidiary Ripple Markets APAC Pte Ltd, has obtained In-Principle Approval of the Major Payments Institution License application from the ...
Ripple receives in-principle regulatory approval in Singapore
The crypto exchange has been actively expanding its presence in Singapore, doubling its number of employees in the Asia Pacific headquarters in 2022. Singapore has seen a majority share of ODL transactions flowing through the city-state, making it a ...
Ramp Expands On-Ramp Service, Enabling Crypto Transactions with 40 New Fiat Currencies
Ramp, a leading financial technology company specializing in crypto infrastructure, has recently announced a significant expansion of its platform’s compatibility by adding support for 40 new fiat currencies.
Singapore Buys Record Amount of Used Cooking Oil From China
Chinese exports of used cooking oil to Singapore jumped to a record last month ... according to data from Chinese customs.
StanChart trimming roles as part of cost cuts, Bloomberg reports
Standard Chartered is starting to lay off employees across Singapore, London, and Hong Kong hubs as part of an existing plan to cut costs by more than $1 billion through 2024, Bloomberg News reported ...
OCBC launches fully digital account-opening service for foreigners moving to Singapore
OCBC has launched a new digital account-opening service for overseas customers relocating to Singapore, the bank said on Thursday (Jun 22). Read more at The Business Times.
Singapore Buys Record Amount of Biofuel Feedstock From China
Chinese exports of used cooking oil to Singapore jumped to a record last month ... according to data from Chinese customs.