Singapore
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.

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.
