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Singapore

Singapore: Legal services can be offered in the metaverse, law ministry official says
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3 August, 2022

Singapore: Legal services can be offered in the metaverse, law ministry official says

Legal services such as marriage proceedings, court case disputes, and government services may one day be offered in the metaverse,...
Singapore-based Zipmex exchange files moratorium on bankruptcy
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2 August, 2022

Singapore-based Zipmex exchange files moratorium on bankruptcy

Zipmex explains that the application does not imply the liquidation of any entities, but it helps protect the company against...
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...
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