Stablecoins like USDC, USDT, and FDUSD will dominate dtcpay’s services, reflecting user preferences and reducing volatility risks. Dtcpay, Singapore’s regulated cryptocurrency payment institution, has ...
Travellers caught not declaring 800g of bird’s nest, 859g of cigars and for other customs offences
Fifty-one travellers were caught failing to declare and pay taxes on dutiable tobacco products liquors exceeding their duty-free allowance and new articles exceeding their goods and services tax (GST) ...
Gemini builds crypto institutional trust in Asia
The Winklevoss twins-founded crypto exchange Gemini is positioning itself, with Singapore as its regional headquarters, as a significant player in the rapidly evolving Asia-Pacific digital asset ...
Singapore, Hong Kong to make up half of StanChart’s affluent business in ‘ambitious’ expansion plans
SINGAPORE and Hong Kong will continue to make up half of Standard Chartered’s affluent business, as the bank embarks on “ambitious” plans to expand the franchise, said Judy Hsu, chief executive of ...
Fugitive Singapore tycoon held in embezzlement case was mastermind behind scrap syndicate
SINGAPORE: The rogue Singapore tycoon, who was arrested in Malaysia on Dec 3 after being on the run for 19 years over an embezzlement case involving more than US$51 million, was the mastermind behind ...
Malaysia PM says signing of Johor SEZ deal with Singapore likely postponed to January
A planned signing between Malaysia and Singapore of a deal to create a special economic zone in the southern Malaysian state of Johor will likely be postponed to January, Malaysia Prime Minister Anwar ...
Singapore’s Dtcpay to support only stablecoins, dropping BTC and ETH in 2025
Dtcpay, a cryptocurrency payment platform in Singapore, will switch to supporting only stablecoins starting in January 2025. With this move, the firm intends ...
Singapore’s dtcpay to End Support for Bitcoin and Ethereum to Focus on Stablecoins by 2025
With this shift, dtcpay aims to deliver a more scalable and compliant payment ecosystem while adapting to evolving consumer needs.
Singapore export payments drop 27% YoY in 2024: Instarem
Singapore's export payments fell 27% YoY in 2024, which may reflect a shift toward domestic priorities, Instarem said.
Most firms don’t expect better business conditions despite earning higher revenue
The report revealed that 65% of companies experienced revenue growth this year, marking a 2% increase from the previous year. However, only 36% of respondents expressed confidence in an improvement in ...
Exxon eyes $1 billion sale of Singapore petrol stations to focus on high-profit sectors
US major Exxon Mobil is planning a sale of its petrol stations in Singapore in a deal that could raise $1 billion, Bloomberg reported.
Singapore’s property tax changes to ease costs for most homeowners in 2025
In a release, the Ministry of Finance announced that 90% of owner-occupied private properties will benefit from reduced tax bills, supported by a one-off rebate of 20% for HDB flats and 15% for ...
Crypto payment platform Dtcpay to drop BTC and ETH, shift to stablecoins
Starting in January 2025, Dtcpay will only support fiat and stablecoins transactions including USDT, USDC, FDUSD and Worldwide USD (WUSD).
Crypto payment firm Dtcpay shifts to stablecoin-only payments model
Singapore-licensed cryptocurrency payment platform Dtcpay has announced plans to phase out support for cryptocurrencies like Bitcoin in favor of stablecoin-only transactions. Dtcpay took to X on Dec.
WEEX Partners with Michael Owen to Champion Their Revolutionary Crypto Trading Experiences
WEEX, a leader in the world of cryptocurrency exchanges, is excited to announce a groundbreaking partnership with soccer legend Michael Owen. This collaboration marks a thrilling fusion of ...
Building Dubai’s Crypto Hub, The Story Of DMCC’s Leadership
Explore Dubai's journey to becoming a global crypto hub, from early blockchain pilots to the rise of the DMCC Crypto Centre under Ahmed Bin Sulayem’s leadership.