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Singapore

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...
How the $275M FTX disaster caused Temasek to shun digital currency investments
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19 July, 2023

How the $275M FTX disaster caused Temasek to shun digital currency investments

Readers should let Temasek's $275M loss be a cautionary tale: nothing is as it seems in the 'crypto' industry, as...
Singapore orders digital currency firms to keep customer funds ‘under statutory trust’
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6 July, 2023

Singapore orders digital currency firms to keep customer funds ‘under statutory trust’

Under the new measures, digital currency firms in Singapore are expected to "segregate customers' assets from its own assets and...
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