This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests.
Read moreDBS Bank pilots blockchain-based government grants
The blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the benefits of tokenization.
Read more3AC liquidators file $1.3B claim against Terraform Labs
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem.
Read moreUS crypto firm BitGo wins payment license in Singapore
Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and
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Bitgo Secures Major Payment Institution License in Singapore
Bitgo, a provider of digital asset solutions, has obtained the Major Payment Institution License from the Monetary Authority of Singapore (MAS). This follows an in-principle
Read moreSingapore commits $74.3M for quantum and AI in finance
The Monetary Authority of Singapore injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding.
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