BTC Digital Buys $1 Million Worth of Bitcoin
Singapore-based crypto firm BTC Digital Ltd. (Nasdaq: BTCT), launched its strategic bitcoin ( BTC) and ether ( ETH) reserve programs on Monday, according to a press release. The company says…
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Ripple Unveils New Accelerator to Boost XRP Ledger Innovation in DeFi and AI
Ripple’s XRPL Accelerator is unleashing a powerful new wave of tokenization and enterprise blockchain innovation, driving real-world adoption and massive growth across the XRP Ledger ecosystem. Ripple’s New XRPL Accelerator…
Break Singapore’s new crypto rules and you could face $200K fine or jail
Singapore is tightening its grip on crypto misconduct. Under new rules, unlicensed promotions or shady practices could lead to steep fines or prison time.
Davis Commodities Bets on Bitcoin in $30 Million Digital Assets Strategy
Davis Commodities is pivoting into digital finance with a $30 million initiative, blending bitcoin reserves and real-world asset tokenization to modernize the global agricultural trading industry. Agricultural Giant Davis Commodities…
Singapore Clarifies Crypto Licensing Rules With Offshore-Only Activities Under Fire
Singapore’s looming licensing mandate forces offshore-only crypto providers into urgent compliance mode, threatening to cut off unregulated access to tokenized finance and digital asset markets. June 30 Sparks Compliance Race…
Singapore Finalizes Crypto Rules—Firms Serving Overseas Must Comply by June
Singapore is mandating crypto service providers operating locally but serving overseas customers to get licensed or exit by June, with no grace period or phased rollout. Singapore Gives Crypto Firms…
Partnership Signed to Enhance Blockchain-Powered Trade Between Malaysia and Singapore
MYEG, a Malaysian e-government and digital services provider, has signed a Memorandum of Understanding (MoU) with Sgtradex, Singapore’s national digital infrastructure for trade data exchange, to facilitate seamless blockchain-powered trade…
Singapore Crypto Awareness Hits High Despite Ownership Dip
Cryptocurrency ownership in Singapore has decreased, with nearly half of crypto users selling their holdings, as reported by the Independent Reserve Cryptocurrency Index. The percentage of residents owning crypto fell…
Sonic Labs Wins Court Order to Liquidate Multichain Foundation
Sonic Labs CEO Michael Kong announced that the Singapore High Court has approved the liquidation of Multichain Foundation, appointing KPMG’s Singapore branch as liquidators. Multichain’s Refusal to Cooperate Forced Sonic…
Franklin Templeton Launches Singapore’s First Tokenized Fund for Retail Investors
Franklin Templeton has received approval from Singapore’s central bank to launch a tokenized money market fund, the first of its kind for retail investors in the country. The move marks…