City Singapore Financial News
04.04 / 12:31
Gemini
Survey
New crypto owners nearly doubled in 3 key regions in 2021: Report
The number of cryptocurrency owners has massively increased last year, with nearly half of all owners worldwide buying crypto for the first time in 2021, according to a new report.
04.04 / 12:01
Adoption
regulation
banking
regulatory
DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns
The Asian banking giant DBS appears to have reeled in plans to open its crypto exchange services to retail investors – and has apparently been spooked by regulatory concerns.
31.03 / 20:33
31.03 / 08:31
NFT
NFTS
Crypto Exchange
Testnet
sprint
APENFT Marketplace Launches Testnet with An Exciting Developer Sprint
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
30.03 / 07:21
UPS
Citi
Citizens
China's rich are moving their money to Singapore. Beijing's crackdown is one of the reasons.
More and more wealthy Chinese are worried about keeping their money on the mainland and some see Singapore as a safe haven.
29.03 / 18:53
UPS
Provident
Platform
Strategy
strategies
BingX Introduces Innovative Spot Grid Copy Trading to Let Anyone Execute Consistent Trading Strategies
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
26.03 / 10:23
business
coinbase
Bitcoin
crypto transfers
Coinbase to track off-platform crypto transfers in Canada, Singapore, Japan
Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan.
25.03 / 13:03
Blockchain
Provident
Platform
Discover
APENFT Marketplace Makes NFT Drops in the TRON Ecosystem Accessible
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
24.03 / 18:31
cryptocurrency
Tax
crypto tax
Payments received in cryptocurrencies set to face GST complications
India and were paid in cryptocurrencies are rushing to their tax advisors seeking clarity over applicability of the goods and services tax (GST). Many individuals have claimed that they got paid in cryptocurrency after they did some work such as graphic designing or advisory for clients based in the US or Singapore. The question is whether this is supply of services or an export, and what is the GST applicable on it.
24.03 / 05:29
Ethereum
Adoption
Legal
Bitcoin
Singaporean Court Recognizes Crypto as Property in Theft Case
The High Court of Singapore, the lower division of the country’s Supreme Court, has issued a ruling in which, for the first time, it recognizes crypto as property and grants proprietary injunctions against persons suspected of its theft.
24.03 / 05:29
Ethereum
Provident
Platform
SpaceX
prePO Raises USD 2.1M in Strategic Round to Democratize Pre-Public Investing
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
22.03 / 16:49
Adoption
Europe
Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS
The Bank for International Settlements (BIS)'s central bank digital currency (CBDC) project, known as Project Dunbar, has created more questions than answers, the international body said today. However, establishing a global network of connected CBDC platforms still remains a goal for the bank.
20.03 / 19:25
Blockchain
Digital
Ripple
SEC
SEC v. Ripple & XRP – Everything about the full scope of this ‘misguided’ lawsuit
Progress has often been met with resistance, even when it comes to technology. The same can be said about blockchain and cryptos, with the SEC v. Ripple case a perfect illustration for some. The defendants in this lawsuit are among those who believe that the United States’ management of this asset class is pulling it back.
18.03 / 19:25
Blockchain
Citi
Discover
BAY
Blockchain Fest 2022: The Tradition of Crypto Community Takes Singapore
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
16.03 / 08:43
cryptocurrency
Bitcoin
Crypto players seek clarity from Parliament Session
crypto industry is looking at the latest Parliament session, which commenced on Monday, with high hopes. The industry is hoping to get clarity on multiple fronts after the Budget announcements. Market participants said that the ambit of virtual digital assets (VDAs) is very broad in the Finance Bill, 2022. The market participants would look forward to receiving clarity on important aspects, including definition, taxations, and calculation. Even the Supreme Court of India had recently asked the Centre to make its stand clear on whether cryptocurrency trade or virtual digital currencies is legal in India or not.
14.03 / 22:33
Bitcoin
Deal
Here’s how Asian countries deal with crypto sanctions against Russia
Amid the United States and the European Union taking measures to prevent Russia from using cryptocurrencies to potentially evade sanctions, some countries in Asia have also been moving to respond to the situation.
13.03 / 16:59
UPS
ETH
cryptocurrency
Womb-Themed NFTs: Here’s What We Know
A woman in Singapore has come out with womb-themed NFTs
11.03 / 13:41
Digital
Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong
In Asia, Singapore extends taxes imposing on Non-Fungible Token (NFT) transactions, according to local media CNA.
09.03 / 17:47
Blockchain
Digital
SUN
Poloniex
TRON Grand Hackathon 2022 Season One Draws to a Close with 82 Qualified Applicants Contesting For USD 500K Bounty
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
09.03 / 15:37
Blockchain
Aware
CEO
Platform
Cake DeFi
Cake DeFi Launches New Corporate Venture Arm with USD100 Million to Invest in Global Web3, Gaming and Fintech Startups
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
09.03 / 15:25
business
Adoption
Gaming
Cake DeFi
Cake DeFi launches $100M venture arm for Web3, gaming and fintech initiatives
Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3, gaming, nonfungible tokens (NFT) and other crypto initiatives.
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