Singapore


Finance

EDX Unveils International Crypto Trading Platform With Perpetual Futures

EDX International, the Singapore-based global hub of the firm, is offering trading in 44 cryptocurrency pairs, including Bitcoin, ETH, Sol, and XRP.

Banks in Singapore (Aditya Chinchure/Unsplash)

Policy

Crypto, Cash, and Condos: Singapore Ends $2.2B Laundering Case With Fines

Singapore hits banks with $21.5M in fines over a $2.2 billion money laundering scandal involving cash, property and crypto

Banks in Singapore (Aditya Chinchure/Unsplash)

Policy

Jack Ma's Ant International Seeks Stablecoin Licenses in Hong Kong, Singapore: Bloomberg

Hong Kong has been establishing a stablecoin regime since 2023, with the legislation expected to go into effect in August

Ant Group and Alibaba co-founder Jack Ma (CoinDesk Archives)

Markets

WazirX's Restructuring Plan Declined by Singapore Court, Hacked Indian Exchange Says

Creditors were banking on a promise to have their funds distributed in April 2025. That shifted further and now looks to be in indefinite territory again.

WazirX CEO Nischal Shetty (WazirX)

Finance

StraitsX Launches Its Singapore-Dollar Pegged Stablecoin, XSGD, on XRP Ledger

StraitsX has launched its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger to meet the rising demand for regulated multi-chain stablecoins in cross-border payments.

The Merlion in Singapore (PokkO/Shutterstock)

Finance

Sony Begins Accepting USDC Payments in Its Singapore Online Store

Sony Electronics' Singapore has added cryptocurrency payments in partnership with crypto exchange Crypto.com.

Night view of Singapore from the habor. (Larry Teo/Unsplash)

Markets

Apple, Tesla Among Stocks to Get Tokenized Via DigiFT's New On-Chain Index Fund

The funds, available to accredited and institutional investors, aim to change portfolio management with smart contracts and stablecoins.

Price and depth chart on laptop (Austin Distel/Unsplash/Modified by CoinDesk)

Markets

Singapore Exchange Plans to Launch Bitcoin Perpetual Futures in 2025

SGX targets institutional investors with a regulated alternative to crypto derivatives.

Singapore (Getty Images / Unsplash)

Finance

Crypto Custodian Hex Trust Secures Major Payment Institution License in Singapore

The license allows Hex Trust to provide cross-border money transfers and digital payment token services.

Singaporean flag under helicopters (Tomas Vyšniauskas/Unsplash)

Markets

Crypto Fraudsters Can be Fined, Jailed and Now Also 'Caned' by Authorities

The government is exploring this option to deter financial crimes and protect citizens from falling victim to crypto fraud.

(delihayat, Getty Images)