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Singapore
Paxos Wins Regulatory Approval From Monetary Authority of Singapore
The custodian and trading services provider is the first crypto firm to gain a regulatory thumbs up in both New York and Singapore.
Fintech Platform Cake DeFi Creates $100M Venture Capital Arm
The Singapore-based company will invest in Web 3, NFTs and fintech projects.
First Mover Asia: Singapore's Strict Approach to Crypto; Bitcoin Rises Despite Investors' Jitters About War, US Executive Order
Singapore's high standards may be discouraging some crypto companies from establishing operations in the city-state; investors were wrestling with the latest developments in Ukraine and await the crypto order by U.S. President Joe Biden on Wednesday.
China Discusses the Metaverse; Blockchain Community Comes Together
Regulation a watch word at China’s Two Sessions. Singapore announces Russia sanctions. Web 3 company CEO speaks on foundation of Aid For Ukraine DAO. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Mover Asia: Singapore's Lightbulb Capital Balances the 3 Parts of ESG Investing. Will the DeFi World Care?; Bitcoin, Ether Fall
The crypto world has focused more heavily on environmental issues than the social and governance aspects of different projects; major cryptos were in the red on Sunday as the Russian invasion intensified.
BC Group, Archax, InvestaX Form Consortium on Security Tokens Globally
The consortium wants to tackle cross-border technical and regulatory interoperability for security tokens.
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
The fresh funding will go toward a new reserve to help strengthen the peg for the UST stablecoin.
Amber Group Raises $200M in Temasek-Led Round at $3B Valuation
The Singapore-based liquidity provider and trading infrastructure firm's valuation has tripled in less than a year.
HK Watchdog’s NFT Warning; DBS Plans Crypto Expansion
Hong Kong watchdog calls NFTs and the metaverse a “must watch” threat. Singaporean banking giant to open retail digital asset trading desk. Bitcoin decoupling from tech stocks. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
DBS Plans to Launch Retail Digital Assets Trading Desk by Year End
DBS CEO Piyush Gupta says there’s a lot of work to be done, but the bank expects platform to be live by end of 2022.
