Judge Rakoff held that there was “no genuine dispute” that the issuances of four (4) crypto assets created by Terraform Labs Pte. Ltd. (“Terraform Labs”), a Singapore-based company, constituted ...
Bakkt Crypto Trading Expands Footprint in LatAm and Southeast Asia
Bakkt has established crypto trading and onramp capabilities in Brazil, Guatemala, Spain, Singapore and Hong Kong.
Global Crypto Bank Raises $40M+ Funding, Amid Positive Q4 2023 Results
Global cryptocurrency bank Sygnum secures $40 million in funding, surpassing expectations by $5 million, amid positive recent results.
Toobit Reinforces Global Leadership in Crypto Exchange with Strategic Executive Appointments
In a landmark event that crafts a new chapter in the crypto exchange industry – Toobit, the world's leading cryptocurrency exchange platform–held its MOU signing ceremony, "Uniting through Leadership, ...
KPMG Singapore calls for tax reform in 2024 Budget
SINGAPORE: Professional services firm KPMG Singapore has called for specific tax reforms for the upcoming national budget in light of Singapore’s adoption of the OECD’s Base Erosion and Profit ...
Sygnum defies Crypto Winter and grows valuation on $40 million fund raise
Swiss digital asset bank Sygnum has raised $40 million in an over-subscribed growth financing round.
Crypto Bank Sygnum Raises $40 Million for Expansion and Mergers
Crypto bank Sygnum AG secures $40 million at a valuation of $900 million in a Azimut Holding-led strategic funding round.
Singapore Exchange Bitlink to Launch in Nigeria
Based on report, Singapore Bitlink Exchange, a crypto trading platform is entering into Africa, with Nigeria as its starting point. Their mission? To further build the adoption of Web3 across Africa ...
Swiss Crypto Bank Sygnum Inches Closer to ‘Unicorn’ Status With $40M Raise
“The broader industry is emerging from the ‘crypto winter,’ and investors and market participants are increasingly seeking to partner with trusted and well-managed financial institutions,” Gerald Goh, ...
Crypto bank Sygnum raises $54 million for expansion plan
Some market players are hoping the bearish crypto market will bounce back in 2024 as more institutional investors enter the scene and regulations in key markets emerge. In November 2023, Sygnum ...
Bakkt Crypto Capabilities Activated Across Multiple International Regions
Starting today, Bakkt crypto trading is also live in Hong Kong and Singapore with digital brokerage SogoTrade. The companies plan to jointly launch these crypto trading capabilities in additional ...
Amount in crypto stolen via hacking fell in 2023 but number of cases on the rise
The firm on Jan 24 said global funds stolen via crypto hacking plunged by about 54.3 per cent to US$1.7 billion (S$2.3 billion) in 2023 compared with the year before. However, the number of individual ...
EDX plans Asia crypto exchange with funding from Sequoia and Pantera Capital
The company completed a second funding round co-led by new investor Pantera Capital and existing backer Sequoia Capital ...
FTSE Russell, crypto fund manager HashKey Capital launch three indices tracking digital assets
These include Bloomberg, S&P, MSCI and crypto exchange Coinbase. Hashkey’s Singapore arm said in December 2023 that it had received a full capital markets services licence from the Monetary Authority ...
Crypto firm Terraform Labs files for bankruptcy in US after $40B crypto crash
Terraform Labs, the cryptocurrency firm behind the Luna and TerraUSD tokens, which crashed and wiped out an estimated US$40 billion in 2022, has declared bankruptcy in the U.S.
New improved customs checks for goods traded between Singapore and Malaysia take effect
The MRA allows Singapore’s certified AEO exporters’ shipments to Malaysia to “enjoy fewer customs documentation checks and cargo inspections, and vice versa”, said Singapore Customs on Tuesday.