Tag: Singapore

spot_img

Singapore Is Ridding Crypto Purchases of Sales Tax

Singapore recently issued new legislation that will rid cryptocurrency users of sales tax should assets be used to purchase goods and services.  Singapore Is Leading...

Cryptocurrency Scams in Singapore Net $78,000 in Just 3 Months

Cryptocurrency scams can be pretty lucrative as a string of them in Singapore has netted $78,000 in just three months. As P.T. Barnum is reported...

Singapore-Based VC Firm Launches Blockchain Accelerator

Early-stage venture capital firm Trive has announced an accelerator program for blockchain start-ups in Singapore. Trive (previously known as "TRi5 Ventures"), an early stage Venture...

Monetary Authority of Singapore Unveils Updated Regulations for Cryptocurrency ICO

Singapore’s central bank, the Monetary Authority of Singapore (MAS), recently published an update to the regulations for firms looking to conduct initial coin offerings...

Facebook Fraudsters Use the Promise of Crypto to Scam Victims out of Their Fiat

Facebook is the latest social media network chosen as a crypto scamming conduit. However, unlike Twitter scams asking for crypto, this one wants your...

First Bitcoin Court Case in Singapore Commences as Market Maker Sues Cryptocurrency Exchange

The first ever Bitcoin legal dispute in Singapore went to trial on Wednesday. Market maker B2C2 is suing Quoine, a cryptocurrency exchange service for...

Singapore Continues its March Towards Cryptocurrency Regulations

The city-state of Singapore is cementing its position a progressive destination for both cryptocurrencies and blockchain-based technology. Governmental authorities are now pressing to broaden...

KuCoin Exchange Raises $20 Million in First Round of Funding

From being accused of operating an exit scam to recently raising millions in their first round of funding, KuCoin has come a long way...

Singapore Launches Blockchain DvP Settlement Framework

The Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) recently unveiled a blockchain-based Delivery versus Payment (DvP) settlement framework. Reports indicate that...

Security Token Offerings (STO) Platform iSTOX Receives ‘Key Investments’ from SGX, Temasek

Singapore Stock Exchange and the government-owned Temasek have invested in a blockchain platform that will connect investors with firms offering security tokens. ICHX Tech Secures...

Binance Secures Funding From Singapore Gov’t Owned Firm to Launch Fiat-to-Crypto Exchange

Singapore's government-owned Temasek Holding has made an investment in Binance to open a fiat-to-crypto exchange in the island nation. Binance to Enter Singapore Binance, one...

Singapore to Help Cryptocurrency Businesses Set Up Local Bank Accounts

In a new development attesting Singapore’s increasing acceptance of cryptocurrencies, the city-state’s Monetary Authority revealed that it’s willing to assist digital currency companies with...