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Tag: crypto

Posted on 02/07/2025

Singapore-Registered Company Charged Over Suspected Money Laundering Offence

The Company received over S$571,000, of which a portion was subsequently transferred to foreign bank accounts.

Posted on 02/07/2025

Singapore telecom group Singtel pays CEO $6.4M as company performance spikes

Telco giant Singtel’s CEO, Yuen Kuan Moon, earned remuneration of SGD8.2 million (US$6.4 million) for the financial year ending March 31, 2025, up 16% from the year before.

Posted on 02/07/2025

Binance Keeps Remote Staff in Singapore Despite Crypto Licensing Crackdown: Report

Binance will keep remote staff in Singapore as MAS orders local crypto firms serving overseas to get licensed or shut down by June 30.

Posted on 02/07/2025

Singapore hits record high in renewable energy consumption

Singapore recorded a historic high in the share of renewable energy in its power generation mix in May, according to the latest market data analysis.

Posted on 02/07/2025

Binance to keep hundreds of staff in Singapore despite crackdown

SINGAPORE] The world’s largest digital assets exchange Binance, plans to keep hundreds of remote workers in Singapore, despite a crackdown on unlicensed crypto outfits in the city-state. Read more at ...

Posted on 02/07/2025

Singapore AI chip court case adjourned until August — trio accused of illegally smuggling Nvidia chips to China for use by AI firm DeepSeek

A Singapore court has moved the hearings for the three people accused of smuggling Nvidia chips for DeepSeek to August 22, with the prosecution saying it needed more time to review documents and wait ...

Posted on 02/07/2025

FATF’s crypto checklist hints at the next regulatory crackdown

The FATF’s Travel Rule was extended to cover cryptocurrencies and exchanges in 2019 as part of the organization’s standards on AML/CFT. It was added to Recommendation 15 (R.15) — one of FATF’s 40 ...

Posted on 02/07/2025

Singapore industrial business park take-up breaches 2024 levels

Apart from some new take-up in the East and West Region, the rise could be due to the partial pre-commitment of the recent completions – Geneo and Punggol Digital District (PDD) Phase 1,” the report ...

Posted on 01/07/2025

Singapore shares move in tandem with Wall Street rally

SINGAPORE] Buoyed by the overnight Wall Street rally, Singapore shares rose on Tuesday (Jul 1), with about the top one-third counters by weighting among the blue-chip-gauge Straits Times Index (STI) ...

Posted on 01/07/2025

Credibility of SAF has given investors confidence in Singapore: Chan Chun Sing

People have a quiet confidence in the city-state, not just in its security but also that it will not change its rules overnight, he says. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/07/2025

Dollar Feeble as Trump’s Tax Bill and Tariffs Weigh

SINGAPORE (Reuters) -The U.S. dollar languished at its weakest against the euro since September 2021 on Tuesday, as President Donald Trump's spending bill stoked fiscal worries and uncertainty around ...

Posted on 30/06/2025

Singapore small businesses and charities to get access to financial dispute resolution from July 1

Fidrec will also cover more claims, including medical insurance, loans and banking issues. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/06/2025

Why Singapore’s fresh grads are struggling to get hired

SINGAPORE] It is the year 2017, and the tech sector is booming. With Industry 4.0 in full swing and FAANG stocks on the rise, pursuing data science and analytics seemed a safe bet for career security.

Posted on 29/06/2025

Longer leases for renewable energy will boost Singapore’s energy transition: EDP Renewables

SINGAPORE] Having longer land leases for renewable energy in Singapore is one policy shift that could accelerate the city-state’s transition into a low-carbon economy, said an executive at renewable ...

Posted on 29/06/2025

Singapore court lets Netflix star David Yong travel to Malaysia, South Korea in July as bail hits S$1.5m

David Yong, the Singaporean entrepreneur who gained fame on Netflix’s Super Rich in South Korea, has been granted court approval to travel to Malaysia ...

Posted on 28/06/2025

HYROX reshaping the business of sport in Singapore

Singapore is hosting its biggest HYROX race this weekend. The global fitness challenge is testing physical limits and reshaping the business of sport — sparking new demand for gyms, training ...

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