Singapore


Finance

Three Arrows Founders to Donate Future Earnings to Creditors in Spirit of 'Karma'

The hedge fund that filed for bankruptcy last year has been roasted by victims and crypto-industry observers in the wake of its epic collapse, but one partner, Kyle Davies, says "karma" motivates the founders to give back.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Policy

Singapore's MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End

The MAS has also restricted crypto service providers from facilitating lending and staking of tokens by their retail customers.

Singapore's skyline (Shutterstock)

Videos

The Methodology Behind Coindesk’s Crypto Hubs 2023 Ranking

Zug, Singapore, and London ranked the highest in CoinDesk's Crypto Hubs 2023 list this year, which details the best places in the world to live and work in crypto. Iomob CEO and co-founder Boyd Cohen, who consulted with CoinDesk to create the list, discusses the methodology behind how these rankings came to be and what surprised him during the process.

Recent Videos

Videos

Outlook for Singapore's Crypto Industry After Terraform Labs, 3AC Implosions

Zhuling Chen, founder and CEO of RockX, discusses the lessons learned after the collapse of crypto darlings Terraform Labs and Three Arrows Capital. “It was an alert to everyone, both to the government and also to people that were embracing the innovations,” Chen said.

CoinDesk placeholder image

Videos

Where Is Singapore's Crypto Industry Headed?

Singapore nabbed second place in CoinDesk's Crypto Hub rankings this year, which outlines the best places to live freely and work smart in the Web3 and blockchain space. RockX founder and CEO Zhuling Chen weighs in on the crypto environment in Singapore and the regulatory outlook after the collapse of Terraform Labs and Three Arrows Capital.

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Consensus Magazine

Crypto Hubs 2023: Where to Live Freely and Work Smart

With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start.

illustration of a globe with crypto symbols

Consensus Magazine

Singapore: The Center of Asian Crypto Wealth Is Ready for a Reset

A fintech hub turned early crypto adopter, Singapore raised billions through ICOs. Cue parties on yachts and at luxury villas. But after the collapse of homegrown crypto darlings Terraform Labs and Three Arrows Capital, the No. 2 spot in CoinDesk’s Crypto Hubs 2023 is searching for the right regulatory balance to encourage crypto without getting burned again.

Gemini co-founders Tyler & Cameron Winklevoss, seen in colorful tuxedos,  announced in June that they will expand their Singapore headcount to more than 100 employees, about 20% of the total worldwide staff.

Videos

Singapore's Central Bank Presents Design Framework for Interoperable Digital Asset Networks

Singapore's central bank is proposing ways to design open, interoperable networks for tokenized digital assets. "The Hash" panel discusses the framework presented by the Monetary Authority of Singapore (MAS), as banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across wealth management, fixed income and foreign exchange.

Recent Videos

Policy

Singapore's MAS Proposes Design Framework for Interoperable Digital Asset Networks

Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across wealth management, fixed income and foreign exchange.

Singapore (Shutterstock)

Videos

UAE Welcomes Digital Assets as Ripple Wins in Singapore

Blockchain firm Ripple announced that it has obtained in-principle approval for a Major Payments Institution License from the Monetary Authority of Singapore (MAS), the nation’s central bank and regulator. Host Megha Chaddah discusses the latest expansion of the firm and the state of crypto in the UAE. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Forkast IQ