Tag: Singapore
KuCoin Exchange Raises $20 Million in First Round of Funding
From being accused of operating an exit scam to recently raising millions in their first round of funding, KuCoin has come a long way in…
Singapore Launches Blockchain DvP Settlement Framework
The Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) recently unveiled a blockchain-based Delivery versus Payment (DvP) settlement framework. Reports indicate that the…
Security Token Offerings (STO) Platform iSTOX Receives ‘Key Investments’ from SGX, Temasek
Singapore Stock Exchange and the government-owned Temasek have invested in a blockchain platform that will connect investors with firms offering security tokens. ICHX Tech Secures…
Binance Secures Funding From Singapore Gov’t Owned Firm to Launch Fiat-to-Crypto Exchange
Singapore’s government-owned Temasek Holding has made an investment in Binance to open a fiat-to-crypto exchange in the island nation. Binance to Enter Singapore Binance, one…
Singapore to Help Cryptocurrency Businesses Set Up Local Bank Accounts
In a new development attesting Singapore’s increasing acceptance of cryptocurrencies, the city-state’s Monetary Authority revealed that it’s willing to assist digital currency companies with setting…
Initial Coin Offerings Research Confirms Singapore Trumps the US
Initial coin offerings remain incredibly popular. Despite regulatory opposition in some countries, the industry continues to grow. Recent statistics show the US is a far…
Bitcoin Scam: Singapore Cautions Investors Against Fake Cryptocurrency Investment Schemes Using PM’s Name
Singapore’s government is warning its citizens against elaborate fraudulent Bitcoin schemes. This warning comes following the emergence of websites touting false claims from senior government…
Singapore’s Central Bank Finds Blockchain to Be ‘Fundamental’ For Financial Services
During the week of Consensus in Singapore, a senior official from the city-state’s Monetary Authority of Singapore (MAS), which is the de facto Central Bank,…
Binance to Begin Testing a Fiat Exchange in Singapore
The world’s largest cryptocurrency exchange, Binance, will begin testing a fiat exchange in Singapore on September 18th. The closed beta testing will see only invited…
