Bitstamp Secures Provisional Crypto License in Singapore
The Monetary Authority of Singapore (MAS) has awarded Bitstamp an in-principle approval for a Major Payment Institution License. Bitstamp, a cryptocurrency exchange, has been given a provisional license by the Monetary Authority of Singapore (MAS) as it continues to grow its worldwide reach and presence in Asia. According to a statement, the company was granted […]
Singapore MAS Strongly Opposes Spot Bitcoin ETF Listing
Following U.S. approval, the Monetary Authority of Singapore has cautioned ordinary investors against purchasing spot Bitcoin ETFs. With the recent approval of Bitcoin exchange-traded funds (ETFs) in the United States, the Monetary Authority of Singapore (MAS) has advised local individual investors not to buy spot Bitcoin ETFs. In response to questions from CNA, MAS sent […]
imToken Wallet Requests Removal from IAL by Singapore Authorities
In response to its inclusion on the Investor Alert List (IAL) by the Monetary Authority of Singapore (MAS), which serves to caution investors about dubious platforms, imToken has taken action requesting to be removed from the list. On January 9, ImToken announced via X (previously Twitter) that it had been blacklisted in Singapore because the […]
Upbit Exchange Receives MPI License in Singapore
Upbit, one of the largest cryptocurrency exchanges in South Korea, has obtained a Major Payment Institution (MPI) license for its local branch, Upbit Singapore, from the Monetary Authority of Singapore (MAS). Upbit Singapore has prepared to broaden its portfolio of services within the nation after obtaining the MPI license. The exchange becomes one of fifteen […]
Worldcoin Launches Orb Verification In Singapore
Worldcoin project, one of the most renowned cryptocurrency projects in the digital assets space, sparked a frenzy throughout the global web3 environment with the Orb verification launch in Singapore. The Worldcoin project has enabled Singapore residents to undertake verifications using the Orb. This hardware device is a significant development exemplifying the worldwide surge of interest […]