Singapore’s largest bank, DBS, has announced the upcoming launch of over-the-counter options trading for Bitcoin and Ethereum tokens. These options will launch in the fourth quarter of this year, with…
Browsing: Singapore
Singapore saw nearly $1 billion in stablecoin payments in Q2 2024, highlighting its growing digital asset landscape. Singapore’s advanced financial regulations have driven increased adoption of stablecoins and Bitcoin by…
Ripple has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to provide digital token payment services in the country. Ripple’s XRP cryptocurrency…
In collaboration with the government of Singapore, JPMorgan, Amazon, IMF, and other industry heavyweights are working on a common standard for the use of digital money. The IMF has received…
Previously, only the “corporate and institutional investors, family offices and clients of DBS Private Bank and DBS Treasures Private Client” had access to the mobile app to manage funds. For…
Singapore intensifies the scrutiny on crypto firms operating in the country, as the government gears up to implement some regulatory changes. Crypto firms Three Arrows capital, TerraForm Labs and Vauld…
Binance has confirmed that it is winding down its operations in Singapore after formally withdrawing its local license application. Although the local affiliate is to withdrawal all trading products over…
Singapore’s largest bank has launched what will be Asia’s first bank-backed cryptocurrency trust service, offering the top four cryptos, including XRP and Bitcoin. The bank has been offering cryptocurrency exchange…