European Crypto Exchange Bitstamp Gets In-Principle Approval for Singapore Expansion
An in-principle approval is a preliminary nod that the MAS issues to firms applying for the major payment institution (MPI) license.
DBS Bank cooperates with Standard Chartered PLC on developing distributed ledger technology for trade finance in Singapore.
An in-principle approval is a preliminary nod that the MAS issues to firms applying for the major payment institution (MPI) license.
Obtaining the license is an all-important move for Ripple, especially for its keen interest in growing its presence in the APAC region.
For GSR, Coinbase, and other firms like them, it appears that Singapore presents the perfect market opportunity.
Three Asian countries have been singled out for being hit the most by FTX’s unfortunate collapse.
With MAS hoping to build an innovative and responsible digital asset ecosystem, it continues to explore the retail CBDC, despite finding it currently unnecessary.
Despite Singapore’s best efforts to become one of the world’s crypto hubs, it is notorious for being a difficult terrain for crypto.
A group of ex-Morgan Stanley core developers announced the launch of Phemex, a ‘high-speed’ crypto derivatives platform for the retail and institutional investors.
The fintech industry is booming as shown by investors in Singapore who poured a record $735 million into financial-technology deals representing a 69% surge from the prior-year period that had $435 million.
IDACB as an initiative for the international co-working and business cooperation is founded to create a community of strong countries` representatives.
Hong Kong and Singapore have committed to work on a strategic project on trade finance cross-border infrastructure, based on distributed ledger technology (DLT).