Singapore

Digital Currency Group’s Luno exchange cuts off Singaporean users
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19 April, 2023

Digital Currency Group’s Luno exchange cuts off Singaporean users

After laying off 35% of its staff in January, Luno is now ceasing its services in Singapore amid increased regulatory...
Singapore central bank working on digital asset banking standards
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16 April, 2023

Singapore central bank working on digital asset banking standards

The MAS is in a working group with banks and authorities to develop standards for banks to onboard VASPs; however,...
Zipmex creditors get their hopes up after exchange receives moratorium extension
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4 April, 2023

Zipmex creditors get their hopes up after exchange receives moratorium extension

The Singapore High Court has approved the creation of an “Administrative Convenience Class” made up of creditors with assets under...
Monetary Authority of Singapore to publish feedback on digital currency and stablecoin consultation in Q2
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24 March, 2023

Monetary Authority of Singapore to publish feedback on digital currency and stablecoin consultation in Q2

The consultation papers dealt solely with proposals designed to protect investors from the risks associated with dabbling in digital currencies...
Hodlnaut founders propose selling the lender rather than liquidating it: report
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4 March, 2023

Hodlnaut founders propose selling the lender rather than liquidating it: report

Hodlnaut founders Simon Lee and Zhu Juntao say they have been reaching out to potential investors in search of a...
India explores cross-border payment functionality with Singapore
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26 February, 2023

India explores cross-border payment functionality with Singapore

The UPI-PayNow integration will provide a seamless cross-border transaction between India and Singapore, with citizens of both nations being able...
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