cryptocurrency

FTX-tied assets of Singapore users not protected by MAS: statement

FTX is not licensed by MAS, operates offshore, and did not actively solicit Singaporeans, the central bank said.
6 days ago

FTX-tied assets of Singapore users not protected by MAS: statement

FTX is not licensed by MAS, operates offshore, and did not actively solicit Singaporeans, the central bank said.
6 days ago

Wong says SG had plans to tighten rules on crypto even before FTX bankruptcy

Singapore is open to digital innovation but not crypto speculation.
6 days ago

Central bank proposes to regulate stablecoins, add rules for DPT providers

It seeks to prevent consumer harm from cryptocurrency trading.

Trusted crypto literacy sought to protect consumers vs scams: Independent Reserve

Consumers should take deeper evaluation into their investment plans.

Crypto adoption further rose in 2022: study

About 20% of adults in Singapore own cryptocurrency.   The percentage of Singaporean adults who own cryptocurrency had gone up to 20% in 2022 from 16% last year, data from Finder.com showed.    Of those who own cryptocurrencies, 68% are men, whilst 32% are women.   Amongst types of coins, bitcoin was the most popular amongst Singaporeans (33%), followed by Ethereum (26%).

MAS unveils additional measures to safeguard retail investors vs crypto risks

Consumers are still "irrationally oblivious" about the risk of crypto trading, said MAS.

Singapore’s Blockchain & Crypto startups capture most seed investments in H1

This is despite MAS moving to tighten retail investors’ access to crypto.

Businesses want 2-year instalment payment options: survey

About six in 10 want to accept instalments in cryptocurrency.

Investment to Singapore fintechs in Q2 down 55% from Q1

Blockchain & Crypto firms snagged the lion's share of deals, but enthusiasm may wane amidst new regulations.

SBR Technology Excellence Awards winner Fireblocks secures businesses’ acceleration into Web3 & DeFi

More than 1,200 digital asset and crypto businesses around the world are now powered by Fireblocks, a technology company that provides enterprise customers with the most secure infrastructure for launching new Web3 products and services. 

Hatten Edge signs agreement for 550 new crypto mining rigs

The partner will deliver a pilot batch of 50 sets by end-April.

Singapore bans promotion of cryptocurrency trading in public

The new guidelines instruct against marketing DPT services in public areas.

Bridging traditional finance with digital asset solutions

Sparrow discusses its take on the trends in the digital assets space.

Top 5 cryptocurrencies in Singapore for October

One of the cryptocurrencies is the popular culture meme currency Dogecoin.

Singapore clinches 10th spot as most crypto aware country

The country also topped in searches involving cryptocurrency.

Singapore can be a progressive haven for global crypto businesses

The crypto landscape in Singapore has never been more action-packed.

Chart of the Day: SG Bitcoin price predictions

This chart from the inaugural Independent Reserve Cryptocurrency Index shows that more than 50% of Singaporeans believe Bitcoin’s value will increase past $50,000 in 2030.