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Singapore

Peter Thiel-backed ‘crypto’ lending platform Vauld bankrupt
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25 July, 2022

Peter Thiel-backed ‘crypto’ lending platform Vauld bankrupt

Singapore-registered/India-based Vauld filed an application for a moratorium order under section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018,...
Singapore-based Zipmex exchange suspends withdrawals citing market conditions
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23 July, 2022

Singapore-based Zipmex exchange suspends withdrawals citing market conditions

Zipmex offers both digital assets spot trading and an interest-bearing account service that offers users up to a 10% annual...
Singapore MAS mulls more restrictions on digital assets trading platforms
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8 July, 2022

Singapore MAS mulls more restrictions on digital assets trading platforms

The Minister in charge of MAS noted that the new restrictions include limiting retail participation in digital assets trading and...
Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market
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29 June, 2022

Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market

Sopnendu Mohanty also said that the MAS would enforce a "painfully slow" and "extremely draconian due diligence process" for digital...
Singapore collaborates with finance industry to explore digital currency use cases
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5 June, 2022

Singapore collaborates with finance industry to explore digital currency use cases

The project will develop and pilot use cases focused on four main areas: open, interoperable networks, trust anchors, asset tokenization,...
Singapore scales digital currency regulations as MAS gets additional power
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14 April, 2022

Singapore scales digital currency regulations as MAS gets additional power

Digital asset firms registered in Singapore but operating outside the country will now be under the jurisdiction of the Monetary...
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