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Posted on 23/06/2023

An Overview of Goods and Services Tax in Singapore

The goods and services tax is a self-assed tax in Singapore. The current rate is 8%, but this is expected to rise to 9% in 2024.

Posted on 23/06/2023

Singapore’s core inflation eases to 4.7% in May

Singapore’s core inflation eased to 4.7 per cent year-on-year in May, official data showed on Friday (June 23).

Posted on 23/06/2023

Crypto Expo Asia Draws over 10,000 Visitors to Singapore to Conclude Successful Second Run

Future editions of the conference in Dubai and Miami will rebrand to Blockchain Expo Global SINGAPORE, June 23, 2023 /PRNewswire/ -- Crypto Expo Asia, one of the region's leading crypto conferences and exhibitions, recorded its largest attendance in the ...

Posted on 23/06/2023

Cryptocurrency roundup for June 23: CACEIS enters crypto realm, Ripple approved in Singapore, Binance accuses SEC and more

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.

Posted on 23/06/2023

QCP Capital, SBI Alpha Execute First Uncleared Crypto Options Trade Using Bitcoin as Collateral

The trade was executed on the regulated Clear Markets platform and involved bitcoin as collateral. The risk management techniques involved were consistent with ISDA's requirements for uncleared derivatives.

Posted on 23/06/2023

Singapore durian lovers rejoice as prices plunge

A record-breaking heat wave earlier this year has also affected the quality of the fruit, helping to push prices lower. That’s all good news for durian enthusiasts in Singapore, which imports more ...

Posted on 23/06/2023

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.

Posted on 23/06/2023

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 ...

Posted on 23/06/2023

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 ...

Posted on 23/06/2023

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 ...

Posted on 22/06/2023

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.

Posted on 22/06/2023

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 ...

Posted on 22/06/2023

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 ...

Posted on 22/06/2023

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.

Posted on 22/06/2023

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.

Posted on 22/06/2023

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.

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