Singapore

Operator of South Korea's Largest Exchange Rolls Out 'Travel Rule' Solution in Singapore
The blockchain research arm of Upbit's operator has launched its VerifyVASP in Singapore, a solution for combating crypto money laundering.

Singapore Crypto Owners Are More Likely to Hold Ether Than Bitcoin
More than a third of Singaporeans who don't hold any cryptocurrencies plan to invest in digital assets in the next year.

DBS Vickers Gets Greenlight From Singapore Regulator to Provide Crypto Services
DBSV said it is one of the first few among financial institutions to receive such approval from the Monetary Authority of Singapore.

Independent Reserve Receives Approval in Principle to Operate in Singapore
The digital currency exchange said the approval relates to becoming a regulated provider for digital payment token services.

Blockchain Association Singapore Welcomes Former Regulator as Latest Board Member
Teng, who has become a member of the board, brings a wealth of experience from the financial and fintech sectors across multiple countries.

Singaporeans Are More Aware of Crypto Than Australians
Singapore received an Independent Reserve Cryptocurrency Index score of 63 for crypto awareness.

Bitmain Co-Founder Wu Says Regulatory Pressure Is Healthy for Crypto: Report
The higher level of interest will benefit the reputation of crypto overall, he said.

Gemini Exchange to Expand Asia-Pacific Operations in a Bid to Capture Growth
The company will open offices in Australia and Hong Kong.

Singapore Crypto Exchange Considers IPO After 500% Trading Growth: Report
Coinhako was launched in 2014 with backing from venture capitalist Tim Draper.

South Korea Government Assists Crypto Exchanges; Australian Firm Accepts Crypto for Rent
Seoul will organize visits to crypto exchanges for regulatory oversight. Singapore’s Stake Technologies completes a U.S. $10 million fundraiser to meet parachain goals. Australian office space company Business Hub to allow crypto as rent payment option next year. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
