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Bankers and government officials around the world are proving more welcoming to crypto than ever before. Tharman Shanmugaratnam – Singapore’s Central Bank Chairman – recently stated that cryptocurrency has a…
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar?
The digital asset trading venue Independent Reserve received approval from the Monetary Authority of Singapore (MAS) to provide crypto services in the Asian city-state. Additionally, the regulator also greenlighted the…
The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in…
DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services.
The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny.
Despite a blanket ban in China and regulatory crackdowns on exchanges in Korea, Asia remains a hotbed for crypto investments.
“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi.
The Monetary Authority of Singapore placed Binance on its investor alert list on Sept.1 over concerns that the crypto exchange may have violated local payments regulations.