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Posted on 02/04/2024

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 ...

Posted on 02/04/2024

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 ...

Posted on 02/04/2024

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 ...

Posted on 02/04/2024

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.

Posted on 02/04/2024

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.

Posted on 02/04/2024

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 ...

Posted on 02/04/2024

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.

Posted on 02/04/2024

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 ...

Posted on 02/04/2024

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 ...

Posted on 02/04/2024

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.

Posted on 02/04/2024

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 ...

Posted on 02/04/2024

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 ...

Posted on 02/04/2024

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 ...

Posted on 02/04/2024

Crypto’s memecoin fervour stalls as bets on Fed rate cuts recede

SPECULATIVE zeal in the crypto market is faltering as the path to looser monetary ... head of trading at OSL SG in Singapore. Bitcoin has shed about 6 per cent since hitting a peak of US$73,798 in mid ...

Posted on 02/04/2024

Singapore stocks had little change on Tuesday morning; STI relatively unchanged

SINGAPORE: Singapore stocks had little change on Tuesday morning, mirroring the same performance in the... The post Singapore stocks had little change on Tuesday morning; STI relatively unchanged appe ...

Posted on 02/04/2024

Six banks share customer info to help Singapore fight money laundering

PLUS: Google Cloud ANZ boss departs; Japan revives airliner ambitions; China-linked attackers target Asian entities ...

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