Singapore Financial News
08.04 / 11:59
Blockchain
UPS
Binance
Telegram
MOBLAND and Wormhole Introduce GameFi 2.0 Multi-Chain Metaverse Ecosystem
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
07.04 / 13:39
business
Ethereum
PayPal
Bitcoin
Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership
Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments.
07.04 / 11:49
06.04 / 23:17
UPS
Provident
BTC
VISA
Crypto.com Review: NFTs and Lots of Coins, but High Minimum Bank Deposit and Withdrawal Requirement
Crypto.com has been around since 2016, but most people are probably more familiar with it thanks to its marketing efforts over the past year.
06.04 / 17:19
Blockchain
cryptocurrency
Stablecoin
LongHash Ventures Partners With Terraform Labs To Accelerate Web3 Development On Terra Blockchain
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
06.04 / 16:29
business
Adoption
Asia
HSBC debuts metaverse investment fund in Asia: Report
Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports.
06.04 / 13:07
cryptocurrency
HSBC
CryptoExplainer
HSBC Taps Into Virtual Reality With Metaverse Portfolio For Rich Asian Clients
HSBC launches metaverse portfolio for wealthy Asian clients
06.04 / 12:51
Ethereum
Google
fees
proof-of-work
3 reasons why Ethereum price can hit $4K in April
Three market catalysts suggest that Ethereum's native token Ether (ETH) is well-positioned to reach $4,000 this month.
06.04 / 09:33
Citi
Southern
services
China’s Services Sector Posts Steepest Decline Since Pandemic’s Start
SINGAPORE—Activity in China’s services sector tumbled in March at its fastest pace since the onset of the Covid-19 pandemic, as lockdowns aimed at smothering outbreaks in major cities kept millions at home and pummeled consumer spending.
06.04 / 09:11
business
exchanges
Webtoon platform Kakao Piccoma buys 50% of Japan's Sakura Exchange
Kakao Piccoma, a Japanese digital comics' subscription service and subsidiary of the Korean internet company Kakao, has purchased a 50% controlling stake in the Japanese cryptocurrency exchange, Sakura Exchange Bitcoin (SEBC).
05.04 / 18:55
Law
regulation
Financial
Singapore aims to streamline financial watchdog's authority over crypto firms
The Singaporean government has approved legislation that will give the Monetary Authority of Singapore, or MAS, additional power to respond to crypto firms doing business outside the country.
05.04 / 15:43
UPS
Provident
Digital
Platform
crypto law
regulatory
Singapore: Latest state to pass crypto law amidst growing regulatory concerns
Singapore on 5 April became the latest Asian state to pass a law on regulating cryptocurrencies. In its tight embrace of cryptocurrencies, the law was passed in Parliament.
05.04 / 13:31
cryptocurrency
regulation
crypto rules
Singapore Tightens Crypto Rules with New Law on Licenses for Virtual Asset Firms
In a bid to enforce tightened rules for crypto businesses, Singapore’s unicameral parliament has passed a law that will oblige virtual asset service providers (VASPs) to apply for licenses.
05.04 / 05:51
Government
Stablecoin
Adoption
Tether
More than three-quarters of central banks considering a CBDC: research
More than 80% of central banks are interested in launching a Central Bank Digital Currency (CBDC) or have already done so according to research conducted by accounting firm PwC.
05.04 / 05:19
FIVE
Gap
coinbase
Bitcoin
Why 2021 was crypto’s ‘breakout year’ & which countries are leading ownership
You may have seen analysts, traders, and builders boldly claiming that 2021 was crypto’s “breakout year.” It’s certainly hard to deny, when considering the explosion of press and memes that came with the rise of dog-themed coins and then ape-themed NFTs. But how to prove this?
04.04 / 17:51
Investing
Exchange
M&A
stake
Private Equity Fund Reportedly Plans to Buy Majority Stake in Japan Major Crypto Exchange
A Japanese, Singapore-based private equity fund is allegedly set to buy a controlling stake in bitFlyer, Japan’s major crypto exchange.
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.
04.04 / 09:50
Adoption
Aussie convenience store giant to accept crypto at 170 outlets
Convenience store and gas station giant On The Run (OTR) will soon accept crypto payments at its 170 outlets across South Australia and Victoria. The move will allow customers to pay for gas, snacks, and even a Subway foot long in over 30 cryptocurrencies.
02.04 / 08:27
Blockchain
The world has synchronized on Russian crypto sanctions
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.
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