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 ...
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 ...
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 ...
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 ...
Shein’s IPO quagmire in the West: An opportunity for Singapore
SHEIN, a global fashion retailer headquartered in Singapore, has revolutionised the industry with its ultra-fast fashion business model. However, its initial ...