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Singapore
Babel Finance Sets Up Shop in Singapore
Over two-thirds of Singaporeans with personal investments have crypto in their portfolios.

Thailand’s SEC Wants to Revoke Huobi Thailand’s License
The regulator says Huobi (Thailand), now known as DSDAQ (Thailand), failed to fix system flaws despite repeated deadline extensions.

Binance Cuts SGD Trading Pairs Following Warning From Singapore Regulators
Last Thursday, Singapore issued an investor alert. This Friday, Binance will end payment options in the local currency.

Singapore Issues Investor Alert for Binance
The crypto exchange is unregulated in Singapore and may have broken the law, according to the city-state’s financial watchdog.

Australia, Malaysia, Singapore, South Africa to Trial CBDCs for Cross-Border Payments
The four central banks are working on a joint project that will develop and test shared platforms for international settlements with multiple CBDCs.

Hex Trust Secures Custody License From Singapore’s Monetary Authority
Hex Trust’s new license marks a “strategic milestone” for the Hong Kong-based custodian.

Singapore Grants Digital Token Payment Licenses to FOMO Pay
The city-state granted an “in principle” license to Independent Reserve in August.

Crypto Exchange Zipmex Raises $41M in Series B to Further Its Banking Services
The exchange plans to develop its technological infrastructure and attract new talent.

Standard Chartered to Launch Blockchain Trade Finance Platform in Joint Venture
The Olea platform will leverage blockchain tech in a bid to connect institutional investors to businesses requiring supply chain financing.

Hong Kong Football Team Launches NFTs, Food Concept Offers Crypto Mooncakes
Asia’s first football NFTs come to Hong Kong. Hong Kong-based vegetarian food concept offers crypto mooncakes, and Vogue Singapore launches an NFT cover. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
