Singapore

Gemini Plots Singapore Expansion With Appointment of New Asia Director
Gemini has appointed a new Managing Director of Asia-Pacific, and is now applying for a license to operate in Singapore.

Genesis Trading Buys Crypto Custodian Vo1t in Bid to Become Prime Broker
Digital currency trader and lender Genesis Global Trading is moving toward full-service prime brokerage with the acquisition of crypto custodian Vo1t.

Exchange Run by Ex-Morgan Stanley Team Drops Trading Fees for Subscription Model
The subscription model offers smaller frequent traders a flat fee monthly, something normally only major clients get.

Singapore Won't Tax Airdrops or Hard Forks Under New Crypto Guidance
Singapore’s tax authority has clarified how it taxes the transaction of payment, utility and security tokens.

Huobi Exchange Plots Return to US Crypto Market as Soon as This Month, Exec Says
Global crypto exchange Huobi could resume business in the U.S. as early as this month, five months after ceasing operations there, an executive said.

Singapore Temporarily Exempts Crypto Firms, Including Coinbase, From New Licensing Regime
Cryptocurrency firms can continue operating but must apply for a license by summer under new rules

Bybit Enables Two-Way Margin Trading With Perpetual Contracts Quoted in Tether
The Singapore exchange is adding tether (USDT) perpetual contracts to simplify account management and allow two-way trades.

Crypto Payments Firm Halts Operations Citing Singapore's New Regulatory Regime
Singapore-based Coinpip said it has "suspended operations" while it looks at becoming licensed under new AML rules.

Draper-Backed Exchange in Lockdown Following 'Sophisticated' Attack
Coinhako has restricted user accounts since last Friday following an "attack," but has not released many details around the incident.

Singapore’s Court of Appeals Rules Against Quoine Exchange in Landmark Crypto Case
The digital currency exchange had unlawfully reversed seven trades after its system erroneously allowed a trader to sell ether at an inflated price, the court decided.
