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Tag: Singapore

Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind

August 27, 2024 wp-bot Bitcoin News

Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a

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WazirX slams external forces for delaying restructuring efforts

August 25, 2024 wp-bot Cointelegraph

This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests.

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DBS Bank pilots blockchain-based government grants

August 22, 2024 wp-bot Blockchain, Cointelegraph

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. 

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3AC liquidators file $1.3B claim against Terraform Labs

August 13, 2024 wp-bot Cointelegraph

3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem.

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US crypto firm BitGo wins payment license in Singapore

August 8, 2024 wp-bot Cointelegraph

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

August 8, 2024 wp-bot Bitcoin News

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

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Blockchain
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