Category: Singapore

First Ever Metal Crypto-Linked MCO Visa Card Available to Singapore Customers

If you are based in Singapore, you can now get the world’s first ever metal crypto-linked MCO Visa Card shipped directly to you.

Tennis Star Wozniacki Signs Deal to Launch Her Own Crypto Token

Tennis ace Caroline Wozniacki signed a deal with a Singaporean company to launch her own crypto token on Thursday, with the firm saying it hoped ex-soccer star Michael Owen or boxer Manny Pacquiao would be the first to sell such a token next year.

Fintech Regulation: New Law to Impact Mobile Wallet Operators in Singapore

Singapore is about to introduce a new law to prevent shadow banking by requiring mobile wallet operators and payments startups to ring-fence deposits so they don’t function as unregulated banks.

Singapore’s GCOX Has Announced Plans to Launch Manny Pacquiao’s Cryptocurrency

Singaporean start-up GCOX has announced its plans to launch a cryptocurrency backed by Manny Pacquiao’s popularity and fame

South Korean Plastic Surgeon Acquires Bithumb Cryptocurrency Exchange for $353 Million

News coming out of the local media in South Korea indicate the sale of Bithumb to BK Global Consortium. Bithumb is one of the largest cryptocurrency exchange platforms in the market, while BK Global is a Singapore-based firm.

Singapore Will Help Crypto Firms Set Up Local Bank Accounts

Singapore’s financial regulator is willing to lend a hand to cryptocurrency firms having problems setting up local bank accounts, but doesn’t plan to loosen its rules to lure more crypto startups to the country.

First Fiat-to-Cryptocurrency Exchange Set to Launch in Singapore

Southeast Asia will purportedly see its first fiat-to-cryptocurrency exchange launching in Singapore. The venue is intended to make digital currencies more accessible to both consumers and businesses.

Singapore’s Biggest Shipper Partners IBM in Developing Blockchain for Crucial Trade Paperwork

Tech giant IBM is partnering with one of Singapore’s biggest shipper, Pacific International Lines (PIL), in digitalizing one of the most important documents in shipping – Bill of Lading. The two firms will collaborate in designing and creating an electronic Bill of Lading (e-BL) which will exist on a blockchain. In international trade, the Bill of ...

Flippening? Singapore Hosted More ICOs than the US in August: Report

With the increased regulatory scrutiny on ICOs in the United States, there appears to be a move by projects towards more friendly environments.

Crypto’s Open Secret: Its Multibillion-Dollar Volume Is Suspect

Four months ago, BitForex was just one of many obscure exchanges offering users the ability to trade cryptocurrencies like Bitcoin...

Bitcoin Scam: Singapore Cautions Investors Against Fake Cryptocurrency Investment Schemes Using PM’s Name

Singapore’s government is warning its citizens against elaborate fraudulent Bitcoin schemes.

Singapore’s Central Bank Calls Blockchain “Fundamental” for FinTech Innovation

Singapore is rapidly becoming a global blockchain development hotspot. In addition to being home to a thriving community of blockchain start-ups, Singapore’s central bank (The Monetary Authority of Singapore, or MAS) has declared that blockchain is a “fundamental” technology. While speaking at Consensus: Singapore Damien Pang, the head of technology infrastructure MAS, said that, “We take ...