Upbit Receives Preliminary ‘In-Principal’ Approval in Singapore
The in-principal approval allows Upbit Singapore to continue providing regulated digital payment token services in compliance with the Payment Services Act 2019.
MAS
Singapore’s New President, a Former Central Bank Chairman, Has Called Crypto ‘Slightly Crazy’
Tharman Shanmugaratnam, who has previously called crypto “purely speculative” and “slightly crazy,” was officially elected as Singapore’s president early Saturday morning.
Singapore’s MAS Proposes Design Framework for Interoperable Digital Asset Networks
Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across financial asset classes.
Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg
Singapore’s central bank and police authorities have been helping banks to set uniform standards for fine-tuning their vetting approach when opening crypto accounts.
Binance’s Custody Arm Ceffu Will Apply for Singapore License: Report
Binance rebranded its custody arm to Ceffu earlier this month.