XRP bulls had a reason to cheer as the payments firm Ripple was granted a license to offer key services in Singapore and the Securities and Exchange Commission (SEC) lost a bid to appeal in the Ripple case.
Singapore Arrests Collapsed Crypto Hedge Fund Cofounder
Authorities in Singapore haveapprehended Three Arrows Capital (3AC) cofounder Su Zhu as he attempted to leave Singapore. Teneo, the liqu
Singapore introduces new regulations to counter potential illegal activity in free trade zones | Video
Singapore is imposing new regulations on its free trade zone, over concerns that the duty and tax-free locations are being used for illicit activities like money laundering and weapon trafficking.
Crypto Long & Short: A Giant Awakens
SINGAPORE – As Singapore geared up for the riveting speed of the Formula One weekend in mid-September, crypto-related entities were racing toward opportunity at the Token2049 conference. One seasoned traditional finance player wasn’t in much of a rush ...
Singapore to amend Free Trade Zones Act to combat illegal trading activities
The amendments seek to enhance regulation and control of goods that flow through the FTZs. Read more at straitstimes.com.
XRP price spikes as Ripple beats SEC in crypto securities battle
“Singapore has developed into one of the leading fintech and ... that cryptocurrencies are securities that come under its purview. Many inside the crypto industry, however, hope the sector is instead regulated with a lighter touch by the Commodity ...
Implications of Tether’s Regulatory Adjustments in Singapore on the Crypto Market and the Valuations of XRP and VC Spectra
On September 25, 2023, news broke that Tether had altered the ToS for its clients in Singapore. How does this news affect the crypto space in Singapore and generally? We will also examine the effect of this new development on the XRP (XRP) and VC Spectra’s (SPCT) price movements.
Singapore seeks to amend Free Trade Zones Act to combat illegal trading activities
The amendments seek to enhance regulation and control of goods that flow through the FTZs. Read more at straitstimes.com.
Singapore business park vacancy hits record highs since 2014
The vacancy rate rose to 19.4% in Q2. A Savills report recently revealed that Singapore’s islandwide vacancy level for business parks worsened again for the third consecutive quarter, rising by 0.7 of ...
Singapore sets eligibility criteria for carbon credits that can be used to offset carbon tax
To ensure the carbon credits are of “high environmental integrity”, each project has to abide by seven principles. Read more at straitstimes.com.
Singapore sets eligibility criteria for international carbon credits to offset firms’ taxable emissions
From 2024, companies in Singapore will have the option to tap on eligible international carbon credits to fulfil part of their carbon tax liability. This was introduced in November 2022 as a way to ...
Ripple gets formal approval for Singapore payments license
Ripple's Singapore-based entity has received the full license to offer digital payment services in the city-state.
Crypto firm Ripple secures Singapore payments licence
Cryptocurrency firm Ripple said on Wednesday its Singapore subsidiary has secured a payments licence to operate in the city-state without transaction thresholds. The licence, granted by the Monetary ...
Singapore releases quality criteria for seeking UN-aligned carbon credits
The city-state intends to use offsets sourced overseas in its national climate targets under the Paris Agreement, and is pursuing bilateral deals to prevent double counting with countries such as ...
Ripple obtains MPI license in Singapore
Today, over 90% of Ripple’s business is outside of the US, and Singapore – and to a larger degree Asia Pacific – is one of its fastest growing regions. ALSO READ: Endowus teams up with world’s third ...
Ripple obtains full license to operate in Singapore as it expands in Asia-Pacific
With the full license, Ripple will continue to provide regulated crypto payment services in Singapore. "Over 90% of Ripple's business is outside of the U.S., and Singapore – and to a larger degree ...