Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.
New inter-ministerial committee to review and strengthen Singapore’s anti-money laundering regime
Where gaps are identified, we will tighten our regulations and enforcement to prevent exploitation by criminals,” says Second Minister for Finance and National Development Indranee Rajah.
Singapore seen holding monetary policy in delicate balancing act
Meanwhile, the trade-reliant nation's industrial output and non-oil exports have contracted for an 11th consecutive month, as global demand falters. Singapore is often seen as a bellwether for global ...
Crypto liquidity provider GSR receives regulatory approval in Singapore
An MPI license allows institutions to provide crypto and fiat-related services to residents of Singapore. Licensed firms are authorized to conduct payment services without being subjected to single transaction limits of 3 million Singaporean Dollars ($2.2 ...
Jail for engineering firm boss in Singapore who forged invoices of over S$1m; claims he was helping friend lower tax bill
A sole proprietor of an engineering company was today sentenced to 30 weeks’ jail after pleading guilty to five counts of forging invoices amounting to ...
Shell company Vertex Tech to buy streaming platform 17Live for $676 million in landmark deal for Singapore
The deal is the first purchase of a private company by a SPAC listed in the city-state since 2021 when the Singapore Exchange allowed SPACs, or shell firms, to float shares in a bid to position itself ...
Swiss crypto bank Sygnum’s Singapore arm gets full licence to offer brokerage service here
SINGAPORE - The Singapore arm of Swiss digital asset bank Sygnum will now be able to launch its digital payment token (DPT) brokerage service here, following the regulator’s approval of a full licence.
Jail for engineering firm boss who forged invoices of over $1m; claims he was helping friend lower tax bill
A sole proprietor of an engineering company was on Monday (Oct 2) sentenced to 30 weeks’ jail after pleading guilty to five counts of forging invoices amounting to over S$1 million.
Crypto exchange Coinbase secures Singapore payments licence
By Rae Wee and Elizabeth Howcroft (Reuters) -Cryptocurrency exchange Coinbase has been awarded a full payments licence to operate in Singapore by the city-state's central bank, the U.S.-based company ...
Logistics firm GM jailed 33 months, fined $890k for customs offences involving alcohol, cigarettes
A general manager was fined $890,000 and sentenced to 33 months’ jail for customs offences on Sept 25 after pleading guilty to illegally removing uncustomed goods as well as importing them. Read more ...
Coinbase stock leaps after crypto exchange wins key license in Singapore
The license confers not only Coinbase's status in what is now Asia's crypto market hub, following bans on trading and payments in China and other regional economies, but also its commitment to ...
Crypto exchange Coinbase gets Singapore payments licence
The Singapore arm of cryptocurrency exchange Coinbase said on Monday it had obtained a Major Payment Institution (MPI) licence from the city-state's central bank. The licence, granted by the Monetary ...
Fugitive Behind Crypto Hedge Fund That Lost $10B Arrested At Changi Airport While Trying To Flee
He will be held in prison for four months, and while there, liquidators will engage him in an investigation related to the failed crypto hedge fund, which will reportedly include the recovery of ...
Crypto exchange Coinbase receives full Singapore licence
SINGAPORE - The largest cryptocurrency exchange in the United States, Coinbase, has received a full Singapore licence to offer more digital asset payment services here.
Coinbase Attains Full License to Expand Crypto Payment Services in Singapore
Crypto exchange Coinbase has secured a full major payment institution (MPI) license under Singapore's Payment Services Act. Read on to know more.
Singapore: Three Arrows founder’s arrest in the Lion City marks yet another downfall of a crypto highflyer
Bloomberg News has reached out to Singapore police for comment. Zhu’s arrest is only the latest in a string of legal interventions against alleged wrongdoing in crypto, following a series of ...