Singapore
DBS Vickers Gets Greenlight From Singapore Regulator to Provide Crypto Services
DBSV said it is one of the first few among financial institutions to receive such approval from the Monetary Authority of Singapore.

Independent Reserve Receives Approval in Principle to Operate in Singapore
The digital currency exchange said the approval relates to becoming a regulated provider for digital payment token services.

Blockchain Association Singapore Welcomes Former Regulator as Latest Board Member
Teng, who has become a member of the board, brings a wealth of experience from the financial and fintech sectors across multiple countries.

Singaporeans Are More Aware of Crypto Than Australians
Singapore received an Independent Reserve Cryptocurrency Index score of 63 for crypto awareness.

Bitmain Co-Founder Wu Says Regulatory Pressure Is Healthy for Crypto: Report
The higher level of interest will benefit the reputation of crypto overall, he said.

Gemini Exchange to Expand Asia-Pacific Operations in a Bid to Capture Growth
The company will open offices in Australia and Hong Kong.

Singapore Crypto Exchange Considers IPO After 500% Trading Growth: Report
Coinhako was launched in 2014 with backing from venture capitalist Tim Draper.

South Korea Government Assists Crypto Exchanges; Australian Firm Accepts Crypto for Rent
Seoul will organize visits to crypto exchanges for regulatory oversight. Singapore’s Stake Technologies completes a U.S. $10 million fundraiser to meet parachain goals. Australian office space company Business Hub to allow crypto as rent payment option next year. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Bitcoin Hot in Singapore; China Widens Crypto Mining Bans
Bitcoin as legal tender a hot topic in Singapore. China bans crypto mining in Changji city and Qinghai province, and over 1,000 arrested in China on crypto-related money laundering charges. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Alibaba, Google Among More Than 300 Companies Seeking Singapore Crypto Licenses
Companies apply under the Payment Services Act, a comprehensive regulatory framework for companies handling activities relating to digital assets, including payments and trading.
