Singapore

Binance To Shut Operations in Singapore; Withdraws License Application

December 13, 2021

2021 has been a tough year for Binance. The cryptocurrency giant’s Singapore arm, Binance Asia Services Ltd, is all set ...

Binance is Now Under Scrutiny in More Territories after the UK

July 2, 2021

Binance is now under scrutiny as other regulatory authorities are following up with Binance after the UK’s FCA action against the crypto exchange on June 25.

Australian Border Force Starts Trial of a Blockchain System to Explore Paperless Trade with Singapore

November 25, 2020

After a successful implementation in cross-border payments, blockchain will now be used in cross-border trade as the Australian Border Force (ABF), the country’s customs and border protection agency, has started the trial of a blockchain-based system to simplify cross-border trade with Singapore.

The Monetary Authority of Singapore (MAS) Concludes Phase 5 of Project Ubin

July 13, 2020

The Monetary Authority of Singapore (MAS) has announced that Phase 5 of Project Ubin has successfully concluded, and the resulted ...

The Monetary Authority of Singapore (MAS) to Allow Crypto Derivatives Trading on Its Approved Exchanges

November 21, 2019

The Monetary Authority on Singapore (MAS) published a consultation paper on November 20, according to which the regulator seeks to ...

Bitcoin [BTC] The Monetary Authority of Singapore Issues an Advisory against a Scam Bitcoin Investment Scheme

August 1, 2019

According to a joint official statement from the Monetary Authority of Singapore (MAS) and the country’s central bank, Bitcoin Loophole ...

Binance Announces Official Launch of Fiat-to-Crypto Singapore Subsidiary

July 11, 2019

Leading cryptocurrency exchange Binance has officially launched its Singapore offshoot Binance Singapore which allows users to purchase cryptocurrency through local fiat ...