Singapore


Finance

Crypto Lender Vauld Receives Creditor Protection Extension

The Peter Thiel-backed firm now has till Jan. 20 to work on a restructuring plan.

Singapore-based Vauld now has protection from its creditor until Jan. 20.  (Shutterstock)

Finance

Stablecoin Issuer Paxos Plans to Hire at Least 130 in Singapore: Report

Co-founder Rich Teo told Bloomberg the firm is planning a three-year expansion built around Singapore as its hub for growth outside the U.S

Singapore's skyline (Shutterstock)

Policy

Singapore Approves In-Principle License for Crypto Fund Manager Hashkey

The license from the central bank will allow Hashkey Capital's local arm to conduct fund management services.

Singapore (Unsplash)

Videos

Singapore vs Hong Kong

Who will win in Asia’s crypto showdown? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Policy

Singapore's MAS Starts Wholesale CBDC Project Ubin+ for Cross-Border Payments

The project comes a day after the central bank announced new projects aimed at trade finance and wealth management.

Monetary Authority of Singapore MAS Building (Shutterstock)

Policy

Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and Others

The two new pilots will focus on using DeFi in trade finance and wealth management.

(Shutterstock)

Policy

Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products

Circle received its approval shortly after fellow stablecoin issuer Paxos received its own license.

Director de Estrategia de Circle, Dante Disparte (izquierda), y director ejecutivo, Jeremy Allaire. (Nikhilesh De/CoinDesk)

Policy

Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator

Paxos is the latest company to secure a license in Singapore, allowing it to offer blockchain or crypto services to local businesses.

Paxos CEO Chad Cascarilla said his company's BitLicense application was 1,000 pages long. (CoinDesk archives)

Policy

Monetary Authority of Singapore Completes Phase 1 of CBDC Project, With More Trials to Come

The first part of the project found there was no urgent need for a retail CDBC, although the bank said it wanted to be prepared in case that changes.

Singapore's Skyline (Swapnil Bapat/Unsplash)