Singapore Financial News
16.11 / 19:04
Blockchain
Luna
stage
country
Do Kwon’s Appeal in Document Forgery Case Rejected by Montenegro High Court
Disgraced Terraform Labs founder Do Kwon’s appeal in his document forgery case has been rejected by a High Court in Montenegro.
16.11 / 17:31
regulation
Scams
Fraud
crimes
3AC co-founder Kyle Davies spotted in Bali, sources claim
Three Arrows Capital (3AC) co-founder Kyle Davies has reportedly been seen in Bali as he continues to evade authorities over the collapse of the defunct hedge fund.
16.11 / 17:01
16.11 / 16:13
IPO
Provident
Target
Google
President
performer
Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs
SINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite. Alibaba on Thursday said it had scrapped its plan to spin off and list its cloud-computing division, citing the impact of the export controls that took effect late last month. The restrictions “may materially and adversely affect" the cloud business’s ability to offer products and services and to perform under existing contracts, Alibaba said, adding that it would focus on the division’s growth.
16.11 / 13:51
CBDC
Singapore’s Monetary Authority to Expand Wholesale CBDC Pilots
Singapore’s central bank, The Monetary Authority of Singapore (MAS) has unveiled plans to start live Central Bank Digital Currency (CBDC) wholesale pilots and efforts to expand the framework.
16.11 / 11:13
business
Blockchain
Tokens
Blockdaemon
Blockdaemon among founders of BSN Spartan Network governing body
The Singapore-based BSN Foundation, a global blockchain infrastructure organization, officially announced its launch with five international founding members on Nov. 16.
16.11 / 10:33
FIVE
Waters
exclusive
reports
testing
Morgan Stanley CEO says his firm is ready for 'Basel III endgame' — the sweeping new global rules on banking
SINGAPORE — Morgan Stanley Chairman and CEO James Gorman said his firm will be able to cope with «any form» that new banking regulations end up taking, but added he expects some watering down before the final rules are confirmed.
16.11 / 09:49
Progressive
economy
show
audience
social
reports
strain
From spy balloons to chocolates: Chinese propaganda frames Xi Jinping's US pivot
Xi Jinping blamed it for challenges faced by China's economy, complaining of «all-round containment». Then on Wednesday, U.S. and Xi agreed to open a presidential hotline, resume military-to-military communications and work to curb fentanyl production, showing tangible progress in their first face-to-face talks in a year at a summit in California. While key issues like U.S.
16.11 / 09:27
business
Blockchain
regulation
Tokens
bonds
Philippines to sell $179M in tokenized treasury bonds for the first time
The Philippines Bureau of the Treasury announced it would offer 10 billion pesos ($179 million) of one-year tokenized treasury bonds for the first time after canceling the traditional auction scheduled for Nov. 20.
16.11 / 08:45
Stablecoin
Paxos
Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator
Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity.
16.11 / 07:59
Binance
coinbase
Coinbase Ventures Invests More in Startups Outside the US, Especially in India, Singapore, Australia, and the UK
Coinbase Ventures has shifted focus to crypto startups outside the United States amid growing regulatory scrutiny in the country.
16.11 / 06:05
business
Stablecoin
regulation
Paxos
Paxos to issue USD stablecoin in Singapore, wins initial approval
Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. dollar-backed stablecoin.
16.11 / 02:27
Cooper
Action
Death
President
country
reports
prevention
U.S. and China agree to resume military talks. Takeaways from the Biden-Xi summit
BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping have agreed to resume high-level military communication, according to both countries.
15.11 / 21:43
15.11 / 17:29
15.11 / 17:29
Target
Cooper
Action
Align
Nov
country
information
US, China advance climate cooperation following California talks
By David Stanway and Valerie Volcovici
15.11 / 16:37
Provident
Digital
tokenization
reports
testing
Singapore’s Central Bank Expands Asset Tokenization Initiatives Under Project Guardian
The Monetary Authority of Singapore (MAS) is commencing a series of asset tokenization pilots in collaboration with financial services heavyweights.
15.11 / 16:37
Blockchain
Ethereum
Citi
Digital
Fighting
Coindesk
innovations
Manny Pacquiao Foundation to Use Shibarium For Fundraising and Operations
Legendary boxer Manny Pacquiao’s philanthropic foundation is set to use the Shiba Inu ecosystem’s blockchain Shibarium for fundraising and operational activities.
15.11 / 14:21
Blockchain
Ethereum
Sport
Tether
Bitfinex
Gaming
Today in Crypto: 46.5% of Web3 Fund Loss is Result of Traditional Web2 Security Issues, Investment in Blockchain Gaming Hits $1.5 Billion in 2023
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________
15.11 / 12:45
CBDC
IMF
Cross-border
Utility
IMF Director Urges Institutions to Look Toward CBDCs, Highlights Cross-border Utility
The managing director of the International Monetary Fund (IMF) Kristalina Georgieva has publicly praised the deployment of Central Bank Digital Currencies (CBDCs) by more countries.
15.11 / 12:25
Citi
Provident
FIVE
Digital
reports
testing
MAS kickstarts new round of asset tokenization pilots
The initiative is an extension to MAS’ Project Guardian, in which the central bank collaborated with 15 financial institutions to carry out industry pilots on asset tokenisation in fixed income, foreign exchange, and asset management products. The five new pilot projects explore a new set of use cases including listing, distribution, trading, settlement, and asset servicing.
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