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Tag: tax

Posted on 15/09/2023

Singapore bans founders of Three Arrows crypto hedge fund

SINGAPORE -- Singapore announced on Thursday that it has banned the founders of collapsed crypto hedge fund Three Arrows Capital, Zhu Su and Kyle Davis, from participating in regulated capital market ...

Posted on 15/09/2023

Singapore adopts conservative crypto policy following FTX collapse, Binance CEO says

Find out more about subscription packages here. SINGAPORE’S approach to crypto became more conservative after the collapse of FTX but the island remains crypto friendly overall, said Changpeng ‘CZ’ ...

Posted on 15/09/2023

Binance’s CEO says signing up another 100 million crypto users will be a big challenge until they can buy crypto with cash

"We're seeing a lot of traditional institutions that used to provide fiat ramp channels pull away," said Changpeng Zhao at an event on Thursday.

Posted on 15/09/2023

Founders of Failed Crypto Hedge Fund Three Arrows Hit With Nine-Year Ban

Singapore’s financial regulator has slapped a lengthy ban on the two founders of Three Arrows Capital, a hedge fund whose [collapse last year]( ...

Posted on 15/09/2023

Singapore Bans Three Arrows Capital Founders For Nine Years

The Monetary Authority of Singapore banned for nine years two founders of the failed crypto hedge fund Three Arrows Capital (3AC) ...

Posted on 15/09/2023

CZ laments Singapore’s changing stance towards crypto

The island nation was home to the crypto hedge fund Three Arrows Capital (3AC) that went bankrupt last year in the wake of Terra Luna [LUNA]’s collapse in May 2022. Terra’s collapse also led to the ...

Posted on 15/09/2023

South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity

Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.

Posted on 15/09/2023

Decentralized stablecoins could dominate crypto: MakerDAO founder

Rune Christensen, the founder of DeFi pioneer MakerDAO, said that decentralized stablecoins would be dominant if crypto lives up to its full potential.

Posted on 15/09/2023

What slowing export demand from China and the West means for the rest of Asia

This will lead to a fall in export growth in Asian economies. The export exposure of the six largest Asean economies (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam) to the ...

Posted on 15/09/2023

Singapore’s anti-money-laundering regime is sound: DBS CEO Piyush Gupta

DBS Group CEO Piyush Gupta has stated that Singapore's anti-money-laundering regime is robust, with banks investing heavily in anti-fraud technology. However, Gupta noted that no system is foolproof.

Posted on 15/09/2023

Singapore’s anti-money laundering regime sound, but banks can ‘dial up scrutiny’ on property financing: DBS’ Gupta

SINGAPORE’S anti-money-laundering regime is sound, with banks having invested heavily in anti-fraud technology since the global financial crisis, said DBS Group CEO Piyush Gupta, although no system ...

Posted on 15/09/2023

Eat Just weighs options for Singapore business

Eat Just and its Good Meat division are exploring options for its Singapore cultured meat business, which could include a sale, two sources familiar with the situation tell Axios.

Posted on 15/09/2023

LHN posts 85-100% occupancy rates for 3 co-living sites in Singapore

LHN Limited reported occupancy rates of 85 per cent to 100 per cent for three of its co-living locations in Singapore as at Sep 7, with average rental rates across the Singapore co-living business ...

Posted on 14/09/2023

Singapore’s anti-money laundering regime is sound, says DBS chief

Banks here have invested heavily in anti-fraud technology since the global financial crisis, said Mr Piyush Gupta. Read more at straitstimes.com.

Posted on 14/09/2023

Future is bright for Singapore and PH, says Bongbong Marcos

President Ferdinand Marcos Jr. said that the shared future of Singapore and the Philippines is bright, according to the Palace on Thursday. Marcos is in Singapore for the 10th Asian Summit, where he ...

Posted on 14/09/2023

Singapore middle distillates stocks near 6-mth high despite exports

Singapore's middle distillates inventories hit a near six-month high, official data showed on Thursday, as jet fuel/kerosene net exports were little changed despite rising gasoil net exports ...

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