Asia has become one of the world's most influential regions for digital asset innovation. While many jurisdictions are still developing their regulatory strategies, Singapore and Hong Kong have ...
FalconX cuts 10% of jobs amid crypto slump, including half of Singapore staff: Sources
FalconX, which counts GIC as a backer, employed around 350 people globally. Read more at straitstimes.com. Read more at straitstimes.com.
FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
FalconX reportedly laid off 10% of its workforce, plans to withdraw its Singapore license application and refocus its business amid the crypto downturn.
US tariffs threaten US$3.1bil of Singapore’s pharma exports, says deputy PM
SINGAPORE: Pharmaceutical companies in Singapore are seeking clarification on whether they would qualify for an exemption from steep tariffs imposed by the US on their goods, Singapore’s deputy prime ...
Singapore is not trying to win the crypto race. It is trying to win the right one.
Singapore just sent a clear message to every bank touching cryptocurrency within its borders. The Monetary Authority of Singapore wants full visibility into digital asset holdings, and it wants that ...
VCI Global unveils crypto treasury plan, backs Tether’s payments arm OOBIT
Malaysia-based VCI Global (Nasdaq: VCIG) has announced plans to acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a Singapore-based crypto payments platform launched in ...
Owner of Singapore-based Vietnamese matchmaking agency retires after 3 decades, sells business for $76,000
The owner of a Singapore-based matchmaking agency linking Singaporean men with Vietnamese women is selling the business for S$99,000 (US$76,700) as he plans to retire after more than 30 years.
Singapore tax clarification clouds returns from leveraged FCNR deposits: Report
Singapore's tax authority has clarified that leveraged FCNR(B) deposit structures may attract withholding tax on loan interest, raising concerns over returns for NRIs.
FCNR(B) hurdle: Singapore holds ground on withholding tax
Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would erase effective returns. Where spreads are thin and ...
Crypto News: MemeToro Publishes Open-Source Framework Supporting Transparent AI-Powered Token Launches
According to the company, the AI Meme Launch Agent is being developed to continuously analyze cryptocurrency news, market trends, and social sentiment before generating complete memecoin concepts.
Is Singapore still competitive in a world with a global minimum tax?
Iras has now moved. From 2026 onwards, uncharged and merely notional stock-compensation costs may be left out of the Singapore entity’s taxable service income, even as they remain in the base on which ...
Web3 Is A Joke Unveils “Roast of Crypto & AI,” a New Comedy Event Coming to Token2049 Singapore Week
Web3 Is A Joke is the company behind the Roast of Crypto & AI, a standalone comedy and entertainment event built for Token2049 Singapore week. The show brings professional comedic talent to a crypto ...
Crypto Giant DCG Warns Senate: Pass Clarity Act or Lose Ground to Singapore, UAE
A number of lawmakers are hoping the Clarity Act — which would set in stone crypto regulation in the U.S. — gets passed before Congress departs for August recess. While the bill has been drafted ...
Asia’s wealthy aren’t selling crypto, but they’re buying this instead
The digital assets sector isn’t receiving much interest from wealthy asset holders across Asia. While high-net-worth clients in Malaysia and Singapore are still holding onto crypto assets in their ...
HTCO Announces Ten-Year Extension of Singapore MSI-AIS Maritime Tax Exemption Through 2035
MSI-AIS Award Extended Through 2035, Providing Long-Term Tax Certainty and Enhancing Competitive Position in Global Shipping ...
Crypto treasury firms pivot to AI in bid to win back investors
The implosion of the once-hot market for cryptocurrency treasury stocks is prompting several firms to pivot to artificial intelligence in an attempt to win back investors. So far, it isn’t working.