Singapore


Finance

Nansen Buys StakeWithUs, Expanding Beyond Data Provision Into Crypto Investment

The company will also become one of the first validators on the Berachain mainnet.

Nansen co-founders Alex Svanevik and Evgeny Medvedev. (Nansen)

Finance

Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers

WazirX co-founder Nischal Shetty said the numbers are as of today and the objective is to reduce the gap through various efforts.

WazirX CEO Nischal Shetty (WazirX)

Policy

OKX Receives Major Payment Institution License in Singapore

The company has also appointed Gracie Lin as CEO of OKX SG to oversee the development of new products and services it is now permitted to offer Singaporean customers

(Larry Teo/Unsplash)

Finance

WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action

Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.

WazirX CEO Nischal Shetty (WazirX)

Videos

RFK Jr. Says He's 'Fully Committed' to Bitcoin; Jersey City to Invest in Bitcoin ETFs

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Robert F. Kennedy Jr. doubled down on his support for bitcoin at the BTC 2024 conference in Nashville. Plus, Jersey City Mayor, Steven Fulop announced that the city's municipal pension plan will soon invest in bitcoin via ETF products and Singapore's government released a new report on the increasing use of cryptocurrencies in terror financing.

Recent Videos

Policy

Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore

"As a global financial centre and transport hub with a significant migrant workforce, Singapore remains a potential source of funds for terrorists and terrorist organisations abroad," the report said.

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)

Policy

Hex Trust Receives In-Principle Approval from Singapore's MAS For Major Payment Institution License

The Major Payment Institution license would allow for the company to offer regulated Digital Payment Token services, such as custody.

Night view of Singapore taken across the water.

Policy

Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody

The Monetary Authority of Singapore released its stablecoin framework last year.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Markets

Singapore's Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen

The addresses supposedly owned by DBS has already made $200 million on its ether holdings, according to Nansen.

Whales feeding (Shutterstock)

Policy

Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia

The company has also secured registrations in India and Dubai.

(Autumn_ schroe/Unsplash)