AMERICAN cryptocurrency exchange Gemini has received in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution licence. Read more at The Business Times.
Crypto exchange Gemini gets initial greenlight for Singapore expansion
U.S.-based crypto exchange Gemini has received a preliminary approval from Singapore authorities, a key milestone in the company’s plan to expand in Asia.
Ong Beng Seng back in court; granted permission to leave Singapore for business
He has to provide additional bail of $800,000 for a work-related trip to London, Boston, Gibraltar and Spain. Read more at straitstimes.com.
Court allows Malaysian property tycoon Ong Beng Seng to leave Singapore with extra RM2.7m bail
Property tycoon and hotelier Ong Beng Seng was granted court permission today to leave Singapore for over a week, with a total cash bail of S$1.6 million (RM5.3 million) following additional bail ...
Hedge Funds Turning to Singapore Dollar to Make US Election Bets
The Singapore dollar is emerging as a popular US election trade for option investors.
MAS sets up finance and technology network to be chaired by Ravi Menon
THE Monetary Authority of Singapore (MAS) has established the Global Finance & Technology Network (GFTN) with its board to be chaired the central bank’s former managing director, Ravi Menon. Read more ...
Departing HSBC Europe Executive to Join Serendipity Board
Colin Bell, who is stepping down from running HSBC Holdings Plc’s European operations at the end of the year, will join the board of Singapore-based investment firm Serendipity Capital.
Singapore Institute of Advanced Medicine Holdings reports FY2024 loss of $37.4 mil
The Singapore Institute of Advanced Medicine Holdings (SAM) has reported a loss after tax and total comprehensive loss for the year of $37.4 million for the FY2024 ended June 30, more than twice its ...
Gemini grabs ‘In-Principle Approval’ for Singapore license, despite recent struggle
Cryptocurrency exchange Gemini has received In-Principle Approval (IPA) for a Major Payment Institution license application in Singapore.
Singapore pumps another $332M into attracting deep tech investors
The funds will look to attract global VC firms to invest in Singapore-based deep tech startups with the potential to scale internationally.
Singapore investors can now trade depository receipts of 5 Hong Kong blue chips on SGX
The Singapore Exchange (SGX) on Oct 30 announced that it is extending its Singapore Depository Receipt (SDR) coverage to include five Hong Kong-listed companies. These are Chinese tech giants ...
Gemini gets initial nod to offer crypto services in Singapore
Gemini receives in-principle approval from MAS, marking a major step towards offering regulated crypto services in Singapore.
Fall in hiring, wage expectations among companies for Q4: Singapore advance estimates
However, the manpower ministry expects employment to continue to expand in the next quarter and the labour market to remain tight.
Study finds Russian link to website blocked by Singapore government
The study showed that the domain name of Alamak.io has links to 5plus1.ru, which is linked to Russian communications agency 5+1 Media.
Analysts bullish on CLAR, OCBC increases TP to $3.32
Post 3QFY2024, CLAR has announced the divestment of its 21 Jalan Buroh property in Singapore at a divestment price of $112.8 million, a significant premium of 93.2% and 67.1% to both the asset’s ...
Singapore looks to Australian outback to power shift to sustainable energy
Singapore is a step closer to importing solar energy from Australia via a huge undersea cable, after giving green light to ambitious project that could provide solution to other countries that are try ...