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Tag: Singapore

Crypto Exchanges In Singapore Will Now Keep Client Money in a Trust

July 3, 2023 wp-bot Inside Bitcoins, Uncategorized

After the implosion of the popular crypto exchange FTX in 2022, many governments started monitoring the activities within the industry.  One of the governments that

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Singapore to require crypto firms to put user assets into trusts by year-end

July 3, 2023 wp-bot Cointelegraph

MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones.

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BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report

June 28, 2023 wp-bot Cointelegraph

Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books.

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Japanese and Singaporean regulators join forces on crypto pilot project

June 27, 2023 wp-bot Cointelegraph

“Decentralized financial ecosystem continues to develop in complexity, and it is important to address emerging risks,” said FSA official Mamoru Yanase.

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3AC liquidators look to recoup $1.3B from founders

June 27, 2023 wp-bot Cointelegraph

The report came precisely one year after a court in the British Virgin Islands ordered Three Arrows Capital into liquidation.

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United States Plunges in Economic Freedom Rankings, Study Reveals

June 26, 2023 wp-bot Bitcoin News

American television presenter and author, John Stossel, released a video on June 20, 2023, where he delved into the findings of a recent study on

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