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Singapore Regulator adds Binance to its ‘Investor Alert List’

Singapore Regulator adds Binance to its 'Investor Alert List'

In a sign that the cryptocurrency exchange does not have a valid license, Singapore’s financial regulator has put Binance.com to its Investor Alert List. Binance , the largest cryptocurrency exchange in the world, has been included to the Monetary Authority of Singapore’s (MAS) Investor Alert List, which was published today. The exchange’s main website, Binance.com, […]

The central banks of Australia, Singapore, Malaysia and South Africa announces a joint CBDC pilot

The central banks of Australia, Singapore, Malaysia and South Africa have announces a joint CBDC pilot

The combined endeavor will develop shared DLT platforms that will allow institutions to settle cross-border transactions using digital currency issued by central banks (CBDCs). Australia’s, Singapore’s, Malaysia’s, and South Africa’s central banks have announced a cooperative endeavor to test international settlements using digital currencies issued by central banks (CBDCs). Project Dunbar will test shared systems […]

Three Arrows Capital launch new NFT fund, Starry Night Capital

Three Arrows Capital launch new NFT fund, Starry Night Capital

NFTs are expected to be the focus of the new fund, Starry Night Capital, which wants to invest exclusively in those that are “the most sought after.” Executives from Singapore -based fund management Three Arrows Capital (3AC) have developed an art fund that would gather premium digital art in the form of nonfungible tokens, according […]

Monetary Authority of Singapore shortlists 15 companies to develop retail CBDC

Singapore Plans Joint Crypto Pilots with Japan FSA, FCA, FINMA

The Monetary Authority of Singapore (MAS) has chosen 15 participants in the “Global CBDC Challenge” to assist in the development of a retail CBDC. In the end, only three winners will be chosen for deploying a retail CBDC in Singapore. Six businesses from Singapore, four from the United States, and one each from Australia, Barbados, […]

Initium Media, a Singapore-based online press, now accepts crypto membership subscriptions

Initium Media, a Singapore-based online press, now accepts crypto membership subscriptions

Press coverage on the internet Initium media announced that its digital media platform now accepts cryptocurrencies as payment for subscriptions to its membership services. According to an official statement issued recently, the digital media platform announced that it had entered into a partnership with Coinbase Commerce, whose parent company is Coinbase, and had become the […]