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Singapore

Singapore won’t regulate ‘speculative and risky’ NFTs
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22 February, 2022

Singapore won’t regulate ‘speculative and risky’ NFTs

Singapore’s central bank says that the sector is still nascent and rather than regulating it in its current form, it...
Digital currency ATMs in Singapore start shutting down after regulatory crackdown
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24 January, 2022

Digital currency ATMs in Singapore start shutting down after regulatory crackdown

The Monetary Authority of Singapore recently clamped down on avenues that led investors to get into digital assets on impulse,...
Monetary Authority of Singapore bans digital currency ads in public places
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23 January, 2022

Monetary Authority of Singapore bans digital currency ads in public places

VASPs must not advertise on public transport venues, broadcast media, third-party websites, or roadshows and must not turn to influencers...
Singapore rejects over 100 licensing applications from digital currency firms
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29 December, 2021

Singapore rejects over 100 licensing applications from digital currency firms

The Monetary Authority of Singapore is rejecting more applications than it is accepting, with only five entities licensed to operate...
2021—the year Binance would rather forget
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20 December, 2021

2021—the year Binance would rather forget

2021 has been a troubled year for Binance: it was blocked by many major banks in the U.K., booted out...
Singapore suspends Bitget exchange after row with K-pop band BTS
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11 December, 2021

Singapore suspends Bitget exchange after row with K-pop band BTS

Bitget listed and promoted Army Coin, which claimed affiliation with the popular K-pop boyband, but BTS has denied links, and...
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