Details confirmed for upcoming Fintech Summit in Singapore
The People Events has revealed the details of its much-anticipated Annual FinTech Summit 2025, which will take place from February 4th to February 6th, 2025 in Singapore. With the theme…
BitGo receives in-principle approval in Singapore
Singapore’s financial regulator has granted crypto custody firm BitGo an in-principle approval. The licence allows BitGo to operate as a Major Payments Instutition (MPI) provider in the country. Digital asset…
Worldcoin price spikes amid expansion in Singapore
WLD price up 10% as Worldcoin opens verification in Singapore. Worldcoin has also seen its World ID-compatible wallet surpass 5 million users and 30 million transactions. Worldcoin price rose to…
Coinbase adds USD transfers for users in Singapore
Coinbase says it now supports USD transfers in Singapore. The exchange’s customers can move US dollars to or from their accounts via SWIFT. Support for USD transfers is part of…
Upbit receives in-principal approval for MPI License in Singapore
Upbit Singapore secures in-principal approval for an MPI license from the MAS. The approval allows Upbit to offer regulated digital payment token services under Singapore’s Payment Services Act 2019. Singapore’s…
Singapore High Court rules crypto not different from fiat money or shells
Cryptocurrencies will now be viewed as property in Singapore. The high court also demystified the notion that cryptocurrencies do not hold any value. The Monetary Authority of Singapore (MAS) will…
Singapore bank DBS allows e-CNY settlements
The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank is participating in Project Guardian,…
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle approval in November 2022. Circle…
Crypto.com completes its licensing process in Singapore
Crypto.com received an in-principle approval in Singapore last June. Coinbase and Blockchain.com are the other exchanges that have received in-principle approval in Singapore. Crypto.com has now been awarded Digital Token…
Affyn reveals Singapore as first NEXUS World metaverse city
Singapore is Affyn’s first city in the NEXUS World metaverse. Affyn is offering 2,000 plots of Freehold Land NFTs corresponding to real places in Singapore. The NEXUS World Land NFTs…