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Singapore

Monetary Authority of Singapore chief warns global policymakers against legitimizing speculative digital currencies
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28 January, 2023

Monetary Authority of Singapore chief warns global policymakers against legitimizing speculative digital currencies

Shanmugaratnam warned regulators about legitimizing "speculative" digital assets but stressed that he wouldn't hinder consumers from participating in activities tied...
Hodlnaut under probe in Singapore over alleged fraud, misrepresentation
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29 November, 2022

Hodlnaut under probe in Singapore over alleged fraud, misrepresentation

Clients of Hodlnaut are being urged by Singaporean authorities to file complaints if they have suffered losses from the company's...
Impossible to protect Singapore citizens from FTX fallout, central bank says
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24 November, 2022

Impossible to protect Singapore citizens from FTX fallout, central bank says

Critics have taken swipes at the Monetary Authority of Singapore for placing Binance on the Investor Alert List in the...
FTX customers now target of phishing scams feigning to help recover funds
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23 November, 2022

FTX customers now target of phishing scams feigning to help recover funds

Scammers are taking advantage of the FTX collapse, with Singaporean police saying a false website has been found claiming to...
Embattled Zipmex files to extend creditor protection until April 2023
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23 November, 2022

Embattled Zipmex files to extend creditor protection until April 2023

The current creditor protection, granted in August, runs out on December 2, and each of the five Zipmex subsidiaries has...
New York Fed partners Singapore in wholesale CBDC trial
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16 November, 2022

New York Fed partners Singapore in wholesale CBDC trial

The Federal Reserve Bank of New York, which also launched another trial with major U.S. lenders, made it clear that...
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