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Singapore
Innovation vs Regulation
Could Hong Kong and Singapore rival the U.S. together? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Three Arrows Capital Liquidators Seize $35.6M From Singaporean Banks
In a court hearing Friday, 3AC’s appointed liquidators blasted the collapsed hedge fund’s founders for talking to the media while repeatedly failing to cooperate with the liquidators' probe.
Crypto Exchange Zipmex Secures Creditor Protection Extension as Takeover Deal Nears
V Ventures looks set to acquire 90% stake of Zipmex for $100 million in cash and crypto, according to Bloomberg.
Singapore's Financial Regulator Defends Itself After FTX Blowup
Singapore state fund Temasek’s investment in FTX caused "reputational damage," but “it is the nature of investment and risk-taking,” said Deputy Prime Minister Lawrence Wong.
Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight
Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.
Singapore Starts Fraud Investigation Into Crypto Exchange Hodlnaut
The police are looking into allegations of cheating and fraud by the company and its directors.
Singapore Defends Stance on Binance After FTX Implosion
This week, Singapore's central bank, the Monetary Authority of Singapore (MAS), released a statement to "address misconceptions" after the collapse of crypto exchange FTX. CoinDesk Executive Director of Global Content Emily Parker discusses the latest in the state of crypto in Singapore and Asia as FTX's implosion continues to ripple across the industry worldwide.
Crypto Financial Services Firm Eqonex Files for Voluntary Debt Restructuring in Singapore
The company said it has been in talks with existing lender Bifinity and other potential investors to raise capital, but has not been successful.
Crypto Exchange Bitget Registers in Seychelles, Eyes Global Expansion
The exchange plans to increase its workforce from 800 to 1,200 by Q1 of next year.
Crypto Exchange Zipmex Asks for Creditor Protection Extension With Takeover Talks 'Ongoing'
A deal may be reached as early as next week, according to a person familiar with the matter.