Coinbase crypto exchange obtains payment license in Singapore
The new MPI license comes one year after Coinbase’s initial in-principle approval in Singapore, enabling it to expand digital payment token services.
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3AC Co-Founder Zhu Su Reportedly Apprehended in Singapore
Zhu Su, the infamous co-founder of the now-defunct crypto hedge fund Three Arrows Capital, has been reportedly apprehended in Singapore. This comes amid the amassing issues against his former hedge…
Tether reportedly shuts USDT redemption for some Singapore customer groups
In an email, Tether said it found Cake DeFi to be controlled by “another corporation that resides in Singapore,” and it won’t be allowed to redeem USDT.
Singapore Records Crypto Asset Seizures Worth $28M in Major Money Laundering Case
The Singapore Police Force has seized more assets in relation to an ongoing money laundering probe, bringing the total value of confiscated funds to more than S$2.4 billion. The reported…
Ripple Plans to Hire Staff in These Countries
Ripple intends to increase its headcount in the following months. However, the United States of America is not a market that it will touch upon. In the following lines, we…
DWF Denies Wintermute’s Market Manipulation Accusations
DWF has emerged from the recent controversy, promptly and emphatically dismissing allegations made in Singapore2049 by Wintemute concerning the former’s participation in crypto market manipulation. Wintermute’s recent comments stoke the…
Singapore Bans 3AC Founders From Financial Management for 9 Years
Following the collapse of Three Arrows Capital, co-founders Zhu Su and Kyle Davies dropped off the map. Since then, they’ve occasionally resurfaced on X to make oblivious and out-of-place posts…
Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle
Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users.
Singapore’s central bank slugs Three Arrows founders with 9-year ban
Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or acting as top execs at any financial firm in Singapore.
US ‘the only country’s crypto startups should avoid, says Ripple CEO
Brad Garlinghouse says Singapore, the U.K., the UAE and Switzerland are jurisdictions with “smart” crypto policies that he thinks the U.S. should adopt.
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