Singapore

Singaporean police seize $735M in luxury cars, ‘crypto’ in money laundering case
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20 August, 2023

Singaporean police seize $735M in luxury cars, ‘crypto’ in money laundering case

Singaporean authorities seized 11 documents with information on digital assets, as well as luxury cars, property, and gold bars, and...
Monetary Authority of Singapore finalizes regulatory framework for stablecoins
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18 August, 2023

Monetary Authority of Singapore finalizes regulatory framework for stablecoins

Singapore's central bank announced a new regulatory framework for stablecoins that seeks to "ensure a high degree of value stability...
Monetary Authority of Singapore commits over $100M to drive fintech innovation
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11 August, 2023

Monetary Authority of Singapore commits over $100M to drive fintech innovation

Singapore’s central bank is allocating SGD 150 million (US$111 million) to develop innovative fintech solutions, under the third iteration of...
Shanghai to launch blockchain hub connecting Hong Kong and Singapore by 2025
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8 August, 2023

Shanghai to launch blockchain hub connecting Hong Kong and Singapore by 2025

The government of Shanghai plans to launch a blockchain hub with Hong Kong and Singapore to improve city governance, public...
Singapore High Court deems digital assets as trustable property
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2 August, 2023

Singapore High Court deems digital assets as trustable property

Singapore High Court recognizes digital assets as personal property eligible for a trust holding in a landmark ruling involving Bybit...
China eyes cross-border trade with Singapore as CBDC nears $250B transactions
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26 July, 2023

China eyes cross-border trade with Singapore as CBDC nears $250B transactions

Apart from integrating a new wave of cross-border functionalities in its digital yuan, China is looking to drive adoption rates...
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