Rich Asian investors drive fresh Trump-fuelled crypto boom in Singapore
Following Donald Trump’s election, Singapore’s wealth managers have begun allocating vast amounts of capital to crypto investment. According to Gerald Goh, CEO of Sygnum, a Singapore-based virtual asset banking group, Trump’s re-entry has had an electrifying effect on cryptocurrencies and crypto-related companies, leading to a mad scramble for rich Asian investors who are now allocating […]
How to buy Bitcoin in Singapore?
Want to buy Bitcoin in Singapore? This guide covers trusted methods, key steps and safety tips to start your crypto journey confidently. Source link
Singapore and CFTC zero in on Polymarket as wildfire bets fuel public outcry
How did a crypto betting platform become a global controversy, drawing fire from Singapore and the FBI and outraged users? Polymarket’s mounting troubles Singapore shines as a leading hub for technology and innovation. Yet, when it comes to gambling, the city-state adopts a notably conservative approach. This dichotomy recently came to light on Jan. 12, […]
Polymarket banned in Singapore as ‘illegal gambling website’
Singapore’s Remote Gambling Act of 2014 is basically the “no entry” sign for most online betting activities, unless you’ve got a government-approved stamp of approval. Unfortunately for Polymarket, it didn’t make the cut. Polymarket, the decentralized prediction market platform that allows users to speculate on real-world events using cryptocurrency, can add Singapore to the list […]
OKX launches zero-fee Singapore dollar transfers via PayNow, FAST
Cryptocurrency exchange OKX now enables customers to deposit and withdraw Singapore dollars without any fees via PayNow and Fast and Secure Transfers. Crypto exchange OKX said in a press release on Monday, Nov. 18, that it would provide zero-fee Singapore dollar deposits and withdrawals through PayNow and Fast and Secure Transfers payment services. The new […]
Singapore amends Payment Services Act to cover token custody and transfers
The Monetary Authority of Singapore said that entities not fulfilling the requirements must cease activities once the amendments take effect. Source link
