Asian digital currencies derivatives platform Bitgate has applied for a money services business license with the U.S. FinCEN as it eyes expansion into the U.S.
Digital Asset exchanges who have applied for licenses will be allowed to continue operating legally until at least the end of July.
The Monetary Authority of Singapore has issued an update on its AML and CFT guidelines, this time outlining regulations for the digital currency industry.
OKCoin digital assets exchange has launched support for the Singaporean dollar as it seeks to rake in more users from the country. It also opened local office.
The Singapore-based exchange has reassured its users that their funds are safe and that the damage was minimal.
A court in Singapore has effectively ending the crypto exchange’s challenge to an adverse ruling handed down last March.
The Singapore-based exchange locked user accounts at the start of 2020, under the guise of updating systems.
Australian Independent Reserve crypto exchange has expanded into the Singaporean market in a move that it says was informed by the positive regulations.
COSS exchange has suspended trading on its platform abruptly, sparking fears of an exit scam. It however claims funds are safe and it’s just updating its code.
The cryptocurrency exchange has frozen funds of one of its traders after he attempted to withdraw tokens into a privacy wallet.