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Singapore

News

Crypto custody firm graduates Singapore Monetary Authority’s regulatory sandbox

Crypto-custody provider and securities firm, Propine, has graduated from the Monetary Authority of Singapore’s fintech regulatory sandbox program, emerging with a Capital Markets Services License, and the green-light to commence …

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2020’s 5 countries friendliest to crypto and blockchain

As the use of cryptocurrencies continues to spread around the world, a number of countries have established themselves as leaders in adoption. COVID-19 has dominated 2020, and the effects of …

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Fidelity-backed crypto trading platform OSL secures license in Hong Kong

OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong. According to …

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Singapore’s largest bank DBS sets up crypto exchange platform

After anticipating its plans in October, DBS, Singapore’s largest bank, is establishing a new cryptocurrency exchange division called DBS Digital Exchange. Announced on Thursday, the venture is also backed by …

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Japanese SBI and Swiss SIX plan joint crypto venture in Singapore

Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries, …

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China Construction Bank’s blockchain bond efforts take a new direction

China Construction Bank, the world’s second-largest bank by assets, is cooperating with Malaysian and Singaporean partners to test blockchain technology for use in the bond market. As previously reported, China …

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Australian government embraces blockchain with new trial and public servants’ network

The Australian government is trialing the use of blockchain technology for inter-government document exchanges with Singapore as the latest action in a series of pro-blockchain efforts. It follows hot on …

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Singapore ready to launch wholesale CBDC, local exec says

Singapore is ready to launch it’s own central bank digital currency, or CBDC, said Sopnendu Mohanty, chief FinTech officer at Singapore’s central bank and financial regulator, Monetary Authority of Singapore. …

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Join BlockShow, part of the FinTech Festival backed by Monetary Authority of Singapore

BlockShow has unveiled the speakers for the upcoming cryptocurrency-related event taking place in Singapore in December. As previously announced, the Singapore FinTech Festival, or SFF 2020, is organized in partnership with …

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Singapore’s largest commercial bank reportedly launching crypto trading

DBS, Singapore’s largest retail and commercial bank, seems to be entering the cryptocurrency space with three new offerings. According to a description of the platform shared with Cointelegraph, DBS’ upcoming …

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