Singapore


Policy

Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications

"This shows that MAS is listening, and is willing to consider industry feedback, even if they do not always agree," said Angela Ang, a senior policy adviser for blockchain intelligence firm TRM Labs and a former MAS regulator.

(Larry Teo/Unsplash)

Opinion

There Is a World of Web3 Outside the U.S. and Europe

Crypto is thriving in the Asia-Pacific region -- where uses, users and builders abound, Gitcoin's Azeem Khan argues.

(Larry Teo/Unsplash)

Markets

'Cryptocurrencies Have Failed the Test of Digital Money,' MAS' Managing Director Says

Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.

Ravi_Menon

Policy

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.

Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)

Videos

Singapore Central Bank Starts Tokenization Pilots; What's Behind Solana’s SOL Rally?

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Singapore's central bank starting to test tokenization use cases alongside major financial services firms like JPMorgan. Shiba Inu (SHIB) ecosystem’s upstart blockchain Shibarium will be used by the Manny Pacquaio Foundation for fundraising and operational activities. And, a closer look at the latest SOL rally.

Recent Videos

Policy

Singapore Central Bank Starts Tokenization Pilots Alongside JPMorgan, BNY Mellon, DBS

The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.

Night view of Singapore taken across the water.

Finance

Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows

A winding up order was filed by Hodlnaut's liquidators on May of this year.

(Sasun Bughdary/Unsplash)

Policy

International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up

Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement.

OECD logo of a globe, two chevrons and the letters OECD on display

Opinion

Can Bank-Backed Exchanges Solve Crypto Trading’s Trust Problem?

Platforms built for crypto-native investors have an edge over latecomers, though the industry is embracing "institutional-grade" standards, Dr. Bo Bai writes.

(Shutterstock/Jonathan Weiss, modified by CoinDesk)

Finance

Singapore Police Issue Warning Over WhatsApp Phishing Scam

The scam lures victims in by prompting them to scan a QR code on a phishing website to secure credentials.

Police issue warning over WhatsApp scam (Christian Wiediger/Unsplash)