High-net-worth Asian families are betting big on Bitcoin post-Trump victory. Many believe the prospect of Bitcoin and crypto is bright with positive government pivots. The crypto market has experienced an…
Browsing: Singapore
Singapore leads globally in blockchain with 1,600 patents and 81 crypto exchanges, scoring 85.4 in global rankings. Bahrain debuts crypto-friendly corporate banking services, bridging traditional and digital finance across the…
Singapore Gulf Bank launches Bahrain’s first regulated, crypto-compatible corporate banking services, bridging traditional and digital finance. SGB provides seamless, secure digital asset management for corporate clients, positioning Bahrain as a…
Paxos launched the USD-backed stablecoin USDG in Singapore, partnering with DBS Bank for reserve management and custody. USDG is initially on Ethereum, with future plans for expansion, aiming to boost…
DBS Bank launches blockchain-based Token Services to enhance liquidity management and streamline institutional workflows. Singapore’s advanced regulations boost the adoption of blockchain and digital assets across Southeast Asia. The biggest…
Taiwan will allow banks to test digital asset custody services, focusing on institutional clients starting in early 2025. Ripple’s expansion in Asia strengthens with a major payment license from Singapore’s…
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…
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…