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Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021

Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021

The fintech sector in Singapore made significant strides in 2021 by hitting $3.94 billion, with crypto and blockchain funding contributing nearly half at 1.48 billion.

Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations

Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations

Singapore's MAS has blacklisted ImToken, a crypto wallet provider, for lack of a financial license, citing its role as a decentralized, self-custodial wallet for investor protection and market stability.

Coinbase Requires Regional Users to Provide Recipient Details for Crypto Transfers

Coinbase Requires Regional Users to Provide Recipient Details for Crypto Transfers

Coinbase will require regional users to provide recipients' names and addresses whenever they transfer funds to other firms or exchanges, effective in April.

DBS Offers 4 Crypto Trading for Premium Clients in Singapore

DBS Offers 4 Crypto Trading for Premium Clients in Singapore

Singapore-based banking giant DBS announced to enable accredited investors to trade four cryptocurrencies, including BTC, BCH, ETH and XRP on its digital exchange.

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.

Digital Trader BHEX.SG Receives Standard Payment Institution License from MAS

Digital Trader BHEX.SG Receives Standard Payment Institution License from MAS

The central bank of Singapore also known as the Monetary Authority of Singapore (MAS) has issued a standard payment institutional license to BHEX.SG, a digital assets trading platform

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

We arranged an interview with Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain during the SFF, which Shu Ning shares with us the investment sentiment of Singaporean blockchain startups and the state of enterprise blockchain adoption in Singapore.

43% Singaporean Own Cryptocurrency, Study Says

43% Singaporean Own Cryptocurrency, Study Says

A study released on Monday shows that 43% of own Singaporean cryptocurrencies, while most of the crypto investors range between 25 to 44 years old, according to the Independent Reserve Cryptocurrency Index (IRCI).

Vogue Singapore Ventures into the NFT Metaverse in September Issue

Vogue Singapore Ventures into the NFT Metaverse in September Issue

Vogue Singapore has now ventured into the NFT Metaverse with the introduction of two new NFT art covers.

Singapore Regulator Bans Crypto Ads on F1 Tracks

Singapore Regulator Bans Crypto Ads on F1 Tracks

According to the Wall Street Journal, Singapore’s financial regulator Monetary Authority of Singapore(MAS) told F1 organizers that it would ban Crypto.com ads from appearing on the track.

Singapore police warn of FTX phishing scams

Singapore police warn of FTX phishing scams

Singapore police warn against fake websites claiming to be hosted by the U.S. Department of Justice. The websites claim to be able to recover funds from now-bankrupt cryptocurrency exchange FTX. An estimated 1 million investors and creditors have been affected by FTX's bankruptcy. Singapore has pursued stricter regulations around retail trading and self-hosted wallets.

Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations

Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations

In a legal first for Singapore, the High Court has granted permission to UK-based financial investigation firm Intelligent Sanctuary (iSanctuary) to use nonfungible tokens (NFTs) in tracking and freezing assets related to a hack. The NFTs, created in partnership with Mintable, will serve as a warning to counterparties and exchanges and enable real-time tracking of transactions from the compromised wallets.

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