Auto Added by WPeMatico

VC Founders Summit: The Largest Convergence of Investors and Founders Set to Take Place in Singapore

PRESS RELEASE. [Singapore, 2024] – The much-anticipated VC Founders Summit is set to take place on September 21st, bringing together venture capitalists, industry leaders, and innovators to shape the future…

Continue ReadingVC Founders Summit: The Largest Convergence of Investors and Founders Set to Take Place in Singapore

Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks

Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized…

Continue ReadingSingapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks

Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66%…

Continue ReadingWazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Okx Approved to Provide Cross-Border Payment Services in Singapore

Global crypto exchange Okx has secured a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), allowing it to offer digital payment token services. Gracie Lin, the newly…

Continue ReadingOkx Approved to Provide Cross-Border Payment Services in Singapore

Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances

Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Dissolution Act to address users’ crypto balances. The move…

Continue ReadingWazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances

Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind

Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company,…

Continue ReadingSingapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind

DBS Digital Exchange Sees 3-Fold Surge in Trading Value — Custodied Crypto up 80%

DBS, a leading financial services group in Asia, reports a significant increase in the trading value of digital payment tokens on its digital exchange for the first five months of…

Continue ReadingDBS Digital Exchange Sees 3-Fold Surge in Trading Value — Custodied Crypto up 80%

Singapore Exchange CEO Discusses Future of Crypto Listings

Singapore Exchange (SGX) CEO Loh Boon Chye has shared his insights on whether Singapore’s largest stock exchange will offer crypto-based listings. The executive emphasizes the need for a sustainable ecosystem,…

Continue ReadingSingapore Exchange CEO Discusses Future of Crypto Listings

Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million

The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default…

Continue ReadingSingapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million