Singapore | ForkLog

ForkLog 5 14.09.2023

3AC co-founders barred from business activity in Singapore

The Monetary Authority of Singapore has barred the founders of the bankrupt hedge fund Three Arrows Capital, Kyle Davies and Su Zhu, from engaging in regulated business activities in the country for nine years.

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ForkLog 5 18.08.2023

Media: Singapore’s stablecoin regulation spurs interest in assets

After completion of work by the Monetary Authority of Singapore (MAS) on the regulatory framework for stablecoins, local companies began planning to issue assets. The Straits Times reports.

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ForkLog 19 17.08.2023

Group arrested in Singapore for laundering more than SGD 950 million through cryptocurrencies

The Singapore police said they arrested 10 people on suspicion of laundering more than SGD 950 million (about $700 million), including via digital assets.

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ForkLog 9 16.08.2023

In Singapore, hearings on assets linked to 3AC worth $141 million

The Singapore court will hear the dispute between DeFiance Capital and the firm Teneo, representing the liquidators of the crypto fund 3AC, regarding assets worth $141 million.

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ForkLog 11 15.08.2023

Singapore regulator completes framework for stablecoins

The Monetary Authority of Singapore has completed work on the regulatory framework aimed at ensuring a high degree of resilience of locally regulated stablecoins.

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ForkLog 10 08.08.2023

Blockchain.com Secures Licence in Singapore

The Monetary Authority of Singapore (MAS) issued a payments license to the bitcoin exchange Blockchain.com.

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ForkLog 8 07.08.2023

Singapore’s central bank to allocate over $110 million to support fintech solutions

The Monetary Authority of Singapore (MAS) announced up to 150 million SGD (about $112 million) to support innovations in financial technology, including Web3.

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ForkLog 8 26.07.2023

Singapore High Court recognises USDT as property in Bybit case

The Singapore High Court recognised USDT as property that can be held in trust.

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ForkLog 7 03.07.2023

Singapore’s MAS orders bitcoin exchanges to move crypto assets into trusts

By the end of the year, bitcoin exchanges serving Singapore-based users must transfer client digital assets to trusts under fiduciary management. This follows an order from the local regulator.

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ForkLog 11 26.06.2023

Singapore’s central bank reviews tokenisation and DeFi protocols

MAS presented a report summarising its work with BIS on Project Guardian.

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ForkLog 15 22.06.2023

Ripple secures in-principle approval from Singapore regulator

The Monetary Authority of Singapore (MAS) granted Ripple in-principle approval for a Major Payments Institution license.

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ForkLog 5 20.06.2023

Gemini to expand Singapore office workforce

The cryptocurrency exchange Gemini announced plans to increase the number of employees in its Singapore office to more than 100 people.

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