Singapore
WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.
RFK Jr. Says He's 'Fully Committed' to Bitcoin; Jersey City to Invest in Bitcoin ETFs
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Robert F. Kennedy Jr. doubled down on his support for bitcoin at the BTC 2024 conference in Nashville. Plus, Jersey City Mayor, Steven Fulop announced that the city's municipal pension plan will soon invest in bitcoin via ETF products and Singapore's government released a new report on the increasing use of cryptocurrencies in terror financing.
Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore
"As a global financial centre and transport hub with a significant migrant workforce, Singapore remains a potential source of funds for terrorists and terrorist organisations abroad," the report said.
Hex Trust Receives In-Principle Approval from Singapore's MAS For Major Payment Institution License
The Major Payment Institution license would allow for the company to offer regulated Digital Payment Token services, such as custody.
Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody
The Monetary Authority of Singapore released its stablecoin framework last year.
Singapore's Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen
The addresses supposedly owned by DBS has already made $200 million on its ether holdings, according to Nansen.
Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia
The company has also secured registrations in India and Dubai.
QCP Receives In-Principal Approval From Abu Dhabi Regulator
The digital assets trading firm said in April it was setting up shop in Abu Dhabi in collaboration with Further Ventures.
Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere
The platform has previously launched NFT collections for celebrities such as DJ Steve Aoki and actor Val Kilmer.
Crypto Market Maker GSR Receives Singapore Crypto License
The license is the first awarded by Singapore to a crypto market maker.
