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Singapore
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.

Crypto Trading Volume Revs Up at Singapore's DBS Bank
DBS Digital Exchange saw its – albeit modest – trading volume in Q4 2021 grow to $595.5 million, more than double the preceding three quarters.

BIS Hong Kong and Singapore Plans, South Korean Police Work With Interpol
BIS unveils plans for Hong Kong and Singapore in 2022. Korean police work with Interpol on bitcoin phishing case. OpenSea NFT marketplace hacked for 332 ETH. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Singapore Looks to Curb Crypto Ads
The country's central bank issued guidelines to limit crypto ads in public spaces and media.

Sygnum Valued at $800M in $90M Funding Round: Report
The crypto company said it will use the funds for new offerings including yield-generating products and asset-management products for institutional clients.

Singapore Tycoons’ Sons Plan Private NFT Club: Report
Kiat Lim and Elroy Cheo founded ARC, which will start as an app-based community and eventually grow into a metaverse with a gaming element.

Gemini Looks to Replace APAC Head in Singapore After Jeremy Ng Departs
The crypto exchange’s former Asia-Pacific chief has left the company, two sources tell CoinDesk.
