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Singapore
Huobi Global to Expel Singapore Users, Citing Local Regulations
The exchange is looking to expand overseas to make up for lost Chinese users.

Circle Establishing Singapore Hub Amid Global Expansion
The USDC backer is also seeking stablecoin partners in the region.

Singapore’s Central Bank Is Laying the Foundations for a CBDC It Doesn’t Think Is Needed: Report
There is, however, no urgent need for a retail CBDC in the country, according to MAS Managing Director Ravi Menon.

Chinese Find Ways Around Crypto Ban; ANZ Settles Debanking Case
Chinese crypto buyers are finding ways around the country's transaction ban. Singapore’s Atlas signs a deal to expand U.S. crypto mining operations. Australia’s ANZ settles a debanking case with a bitcoin trader. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

DBS Bank’s Brokerage Arm Receives License From Singapore Regulator Under Payment Services Act
The broker says the move enables it to provide its services in the island state through its DBS Digital Exchange.

Independent Reserve Becomes First Australian Crypto Exchange Licensed in Singapore
The exchange says it has become one of the first VASPs to obtain full licensure approval under Singapore’s Payment Services Act.

SBI, Sygnum, Azimut Establish $75M VC Fund for Crypto Startup Investments
The fund will invest in companies focused on building DLT, DeFi, and RegTech tools.

Singapore Startup Sells Carbon Neutrality Tokens Backed by Chinese Carbon Credits
China launched its carbon trading market in July.

Binance to Restrict Offerings in Singapore
Users will no longer be able to access fiat deposit services and spot trading of crypto, buy crypto through fiat channels or “liquid swap.”

Custodian Cobo Wallet Closes $40M Series B to Expand Institutional DeFi Offerings
The firm wants to expand its so-called “DeFi as a Service (DaaS)” product.
