Singapore


Mercati

StraitsX to debut Singapore and U.S. dollar stablecoins on Solana for quick currency exchange

The debut will enable instant swaps between SGD and USD on Solana, facilitating digital forex trading.

Singapore skyline (Mike Enerio/Unsplash, modified by CoinDesk)

Finanza

Standard Chartered, Coinbase Expand Crypto Prime Services for Institutions

The companies will explore the development of trading, prime services, custody, staking and lending solutions for institutional clients.

The Standard Chartered logo on the outside of an office building.

Mercati

SGX's Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange's President Says

Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn said.

The letters SGX, the exchanges logo, standing on a wall.

Politiche

Ripple Can Now Offer Wider XRP, RLUSD Services After Singapore Regulator Approval

The permissions give Ripple more bandwidth to offer token-based settlement and related payment services to banks, fintechs and crypto firms operating in the city-state.

ripple

Mercati

SGX’s Bitcoin and Ethereum Perpetual Futures Debut Strong with $35 Million Volume

Trading volumes reached nearly 2,000 lots traded on day one, representing about $35 million in notional value.

Singapore skyline (Mike Enerio/Unsplash, modified by CoinDesk)

Politiche

Singapore's Central Bank to Trial Tokenized Bills, Introduce Stablecoin Laws

The Monetary Authority of Singapore sees a wholesale CBDC as an anchor for a system in which private settlement assets are used for different market needs.

Singapore skyline (Mike Enerio/Unsplash)

Mercati

Asia Morning Briefing: Singapore Authorities Say Token2049 Organizer Not Covered by Russia Sanctions After A7A5 Appearance

Monetary Authority of Singapore spokesperson tells CoinDesk that entities not regulated as financial institutions are not subject to sanctions measures.

The Russian flag waves against an almost cloudless sky. (CoinDesk archives)

Mercati

Asia Morning Briefing: Why Russia-Linked Stablecoin Issuer A7A5 Could Exhibit at Token2049 Despite Singapore Sanctions

Singapore made a bold move in its usual foreign policy of neutrality by sanctioning Promsvyazbank, a bank associated with the ruble stablecoin issuer A7A5, due to Russia's invasion of Ukraine. But A7A5 was able to legally make an appearance at Token2049 because the conference is organized by a Hong Kong entity.

Bo Hines speaks at Token2049 (Token2049)

Mercati

OKX SG Brings USDT and USDC Scan-to-Pay to Singapore’s Everyday Shopping

The OKX Pay service involves collaboration with crypto infrastructure provider StraitsX and Southeast Asia's "everyday everything" app Grab.

The Merlion in Singapore (PokkO/Shutterstock)