Singapore

Highlights: Robinhood plans to launch crypto services in Singapore through Bitstamp in late 2025. The expansion aligns with Robinhood’s strategy to establish a strong presence in Asia. Singapore’s regulatory approval through Bitstamp will help Robinhood enter the market smoothly. Robinhood, […]

Highlights: Phemex lost $70 million through a cyberattack by the North Korean hackers targeting hot wallets. Phemex has assured users that the cold wallets are safe and withdrawals will resume soon. The timing enabled the attackers to blend their transactions […]

Highlights: Thailand’s cyber crime investigation bureau plans to ban Polymarket, calling it illegal gambling. Polymarket faces global bans in regions like Singapore, Taiwan, and the United States. Polymarket faced a decline this year, with trading volume dropping since December. Thailand’s […]

Highlights: Singapore’s GRA blocks Polymarket, labeling it an illegal gambling site under local laws. Polymarket users face penalties if caught gambling with unlicensed operators in Singapore.  Polymarket is banned in multiple countries, including Taiwan, France, and the U.S., for legal […]

Highlights: Syndicate used deepfake to scam victims, amassing HK$34M via romance and investment fraud. Scammers employed AI deepfake personas to gain trust and exploit victims financially. Deepfake to scam victims highlights rising technological fraud, with billions lost worldwide in similar […]

Highlights: BitGo has launched in Singapore to provide secure crypto services and follow local regulations.   A survey shows 57% of investors in Singapore plan to invest more in crypto for the long term.   Clear rules in Singapore have attracted firms […]

Highlights: OKX has launched zero-fee on SGD deposits and withdrawals through PayNow and FAST supported by DBS. With Singpass verification, the time taken to onboard a customer to OKX is reduced by up to 90% in Singapore. In September, OKX […]

Highlights: Coinbase launches a Singapore hub to train local blockchain talent and expand its APAC presence. A $1 billion stock buyback shows Coinbase’s commitment to growth despite Q3 earnings missing forecasts. New Silver and Stellar futures diversify Coinbase’s trading options, […]

Highlights: MAS enhances tokenization with new measures for liquidity, infrastructure, and settlements. Project Guardian expands frameworks, boosting industry-wide implementation of tokenized assets. MAS launches GFTN to boost Singapore’s role in global fintech. Singapore’s Monetary Authority (MAS) has announced new measures […]

Highlights: The UBS fund uses Ethereum to offer safe, digital cash management for investors. UBS earned a $1.43B profit in Q3, beating forecasts and showing strong financial growth. UBS leads in blockchain by expanding digital services using public and private […]

Highlights: Paxos launched USDG, a US dollar-backed stablecoin, under Singapore’s regulatory framework. The stablecoin is developed with DBS Bank, which manages USDG reserves and cash. USDG aims to enhance global stablecoin adoption for both crypto and regulated institutions. Digital assets […]

Highlights: Gemini gets Preliminary Approval from MAS to provide digital payment token services in Singapore. The exchange plans to double its Singapore workforce, highlighting the market’s importance. Singapore is Gemini’s second-largest market after the U.S., central to its Asia-Pacific plan. […]