News Singapore » Cryptocurrencies: Singapore moots regulated trading in cryptocurrencies
Singapore is exploring plans to allow payment token derivatives, such as Bitcoin and Ether, to be traded on local exchanges and for such activities to be regulated. The move aims to address ...
News Singapore » Cryptocurrencies: Singapore Considers Stricter Rules for Retail Crypto Investors — Regulator Says Cryptocurrencies Are 'Highly Hazardous'
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable for use as money ...
News Singapore » Cryptocurrencies: Singapore Moves To Ban Stablecoin Yield
Singapore's financial regulator has proposed regulatory changes that will ban stablecoins from paying yield to investors. The Monetary Authority of Singapore is proposing to amend the "Payment ...
News Singapore » Cryptocurrencies: Singapore Forces Crypto Exchanges to Move Customer Funds to A Trust
The Monetary Authority of Singapore (MAS), which regulates the country’s financial sector, has prohibited traders from lending or staking cryptocurrencies, and is now requiring crypto exchanges to ...
News Singapore » Cryptocurrencies: Gemini Just Turned On Native XRP Ledger Transfers in Singapore
In the latest XRP News, Gemini has enabled XRP deposits and withdrawals through the XRP Ledger for customers in Singapore on Aug. 25, extending the exchange’s local XRP offering beyond buying, selling ...
News Singapore » Cryptocurrencies: Singapore Central Banker Sees Private Crypto on Its Way Out
Private cryptocurrencies that failed the fundamental tests of financial services will eventually exit the monetary scene, according to Singapore’s central bank chief. That will leave a future monetary ...
Singapore News