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Terraform Labs, Do Kwon Lose Attempt to Have Singapore Class-Action Suit Thrown Out: Report
Uncategorized

Terraform Labs, Do Kwon Lose Attempt to Have Singapore Class-Action Suit Thrown Out: Report

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and…

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December 1, 2023
Altcoins

Singapore central bank releases regulatory framework for stablecoins

Singapore's central bank has released a revised regulatory framework aimed at ensuring stability for single-currency stablecoins (SCS) regulated in the city-state.The Monetary Authority of Singapore announced the framework on Aug.…

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August 15, 2023
Altcoins

Ripple gets in-principle nod for digital asset services in Singapore

Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token products in the city-state.Ripple confirmed the approval from the Monetary…

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June 22, 2023
Singapore Banks’ Exposure to Bitcoin ‘Insignificant’ but Subject to Highest Risk Weight
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Singapore Banks’ Exposure to Bitcoin ‘Insignificant’ but Subject to Highest Risk Weight

"Pending the finalization of the framework, MAS requires Singapore-incorporated banks to apply a 1250% risk weight for exposures to riskier crypto assets such as Bitcoin and Ether," he said. "...…

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November 29, 2022
Altcoins

Stablecoin issuers Circle and Paxos gain approvals in Singapore

Stablecoin issuers Circle and Paxos have each received approvals for their respective licenses from the Monetary Authority of Singapore (MAS), the city-state’s central bank.Circle received in-principle approval for a major…

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November 2, 2022
Blockchain

Blockchain.com Receives In-Principle Approval from Monetary Authority of Singapore | by Blockchain.com | @blockchain | Oct, 2022

Blockchain.com has secured an in-principle approval for the Major Payment Institution License offering Digital Payment Token services from the Monetary Authority of Singapore (MAS). With this preliminary approval, Blockchain.com Singapore…

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October 13, 2022
Bitcoin Claws Back Above $20K; Singapore Bank Head’s Speech Reflects Growing Crypto Hostility
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Bitcoin Claws Back Above $20K; Singapore Bank Head’s Speech Reflects Growing Crypto Hostility

Ether was recently trading near $1,600, a roughly 3% gain over the past 24 hours after the second largest crypto in market value also rallied late. ETH been struggling to…

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August 31, 2022
Blockchain

Singapore Considers Stricter Rules for Retail Crypto Investors — Regulator Says Cryptocurrencies Are ‘Highly Hazardous’

Singapore’s Central Bank, the Monetary Authority of Singapore (MAS), is considering imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable to be used as money and as…

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August 30, 2022
Blockchain

MAS takes action against liquidity issues among crypto firms In Singapore

In reaction to the liquidity and withdrawal crisis that has befallen crypto firms, the Monetary Authority of Singapore (MAS) has set up numerous measures. The MAS has commenced operations to…

0 Comments
August 28, 2022
Blockchain

Singapore Based Crypto Exchange Bybit Expands to Argentina

Bybit, a Singapore-based cryptocurrency exchange, has proclaimed it’ll be increasing its operations to Argentina. The exchange needs to supply Argentinian voters another platform on which to interact, given the recognition…

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June 25, 2022
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