Singapore
Singapore’s Central Bank Is Laying the Foundations for a CBDC It Doesn’t Think Is Needed: Report
There is, however, no urgent need for a retail CBDC in the country, according to MAS Managing Director Ravi Menon.
Chinese Find Ways Around Crypto Ban; ANZ Settles Debanking Case
Chinese crypto buyers are finding ways around the country's transaction ban. Singapore’s Atlas signs a deal to expand U.S. crypto mining operations. Australia’s ANZ settles a debanking case with a bitcoin trader. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
DBS Bank’s Brokerage Arm Receives License From Singapore Regulator Under Payment Services Act
The broker says the move enables it to provide its services in the island state through its DBS Digital Exchange.
Independent Reserve Becomes First Australian Crypto Exchange Licensed in Singapore
The exchange says it has become one of the first VASPs to obtain full licensure approval under Singapore’s Payment Services Act.
SBI, Sygnum, Azimut Establish $75M VC Fund for Crypto Startup Investments
The fund will invest in companies focused on building DLT, DeFi, and RegTech tools.
Singapore Startup Sells Carbon Neutrality Tokens Backed by Chinese Carbon Credits
China launched its carbon trading market in July.
Binance to Restrict Offerings in Singapore
Users will no longer be able to access fiat deposit services and spot trading of crypto, buy crypto through fiat channels or “liquid swap.”
Custodian Cobo Wallet Closes $40M Series B to Expand Institutional DeFi Offerings
The firm wants to expand its so-called “DeFi as a Service (DaaS)” product.
Babel Finance Sets Up Shop in Singapore
Over two-thirds of Singaporeans with personal investments have crypto in their portfolios.
Thailand’s SEC Wants to Revoke Huobi Thailand’s License
The regulator says Huobi (Thailand), now known as DSDAQ (Thailand), failed to fix system flaws despite repeated deadline extensions.
