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 ...
Singapore jails crypto fund co-founder Su Zhu
The Singapore-based company filed for bankruptcy last year when its fortunes suffered a sharp decline after a massive sell-off of assets it had bet on as prices nosedived in crypto markets. Su Zhu was detained at Singapore's Changi airport while trying to ...
Weaker ringgit draws more Johoreans to work in Singapore, leaving manpower shortages in state’s key sectors
In Singapore, the basic salary for a junior nurse at the time ... a van - which my husband bought for his business. The extra income gave us peace of mind,” said the mother of a 10-year-old girl, who ...
Bankrupt Crypto Hedge Fund 3AC’s Su Zhu Apprehended in Singapore, Liquidator Says
Earlier in September, the Monetary Authority of Singapore banned Zhu and Davies from owning or running any registered capital markets firm for nine years. In May, the pair were also reprimanded by Dubai's crypto regulator for operating their new venture ...
‘Centre Can Give Rice To Singapore, Not To Karnataka’: CM Sidda’s Counter-Attack On Centre Amid Cauvery Row
After India agreed to lift the ban on rice export to Singapore in view of a "very close strategic partnership", Karnataka CM Siddaramaiah criticised the Centre for giving rice to Singapore but not ...
mm2 Asia plans to raise funds to strengthen balance sheet, grow business
SINGAPORE - Mainboard-listed entertainment group mm2 Asia is planning to raise up to S$35 million from the issue of some 1.8 billion shares via a 1-for-2 rights issue to strengthen its financial ...