Singapore’s financial watchdog pushes back against Terra and 3AC associations
According to the MAS managing director, TerraForm Labs, Luna Foundation Guard and Vauld were “not licensed or regulated" by Singapore's financial watchdog.
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Liquidators of Three Arrows Capital Seek to ‘Preserve’ Singapore Assets (Report)
The Three Arrows Capital (3AC) liquidators are reportedly looking to investigate and preserve the Singapore assets of the crypto hedge fund. According to a recent report by Straits Times, the…
Singapore Considers Imposing New Restrictions on Crypto Trading
The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules…
Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’
During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been…
Singapore’s Central Bank Wants to Limit Retail Participation in Crypto
The Monetary Authority of Singapore is looking into limiting retail participation in the crypto market and restricting leverage trading tools. The Singaporean central bank has already banned crypto marketing in...
Singapore’s financial watchdog considers further restrictions on crypto
The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions.
Three Arrows Capital Provided False Information and Exceeded AUM Threshold, MAS States
The Monetary Authority of Singapore (MAS) said it had reprimanded Three Arrows Capital on June 30. The central bank alleged that the beleaguered crypto hedge fund provided misleading information and…
Singapore reprimands 3AC for providing false information
MAS said that the company had assets under management in excess of the permitted amount, and provided false information.
Singapore Based Crypto Exchange Bybit Expands to Argentina
Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the…
CBDC may threat stablecoins, not Bitcoin: ARK36 exec
A state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes.
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