Digital-Asset Manager Kin Launches $100M Tokenized Real Estate Fund on Chintai Network
Fund tokenization is one of the frontiers of bringing real-world assets to blockchain rails in pursuit of greater efficiency, lower costs and faster settlements.
Monetary Authority of Singapore
OKX Singapore’s New CEO Says Custodian Arrangements Were ‘Most Important, Most Difficult’ Part of MPI License
Crypto custodianship has been in the spotlight since the collapse of FTX.
Hex Trust Receives In-Principle Approval from Singapore’s MAS For Major Payment Institution License
The Major Payment Institution license would allow for the company to offer regulated Digital Payment Token services, such as custody.
Crypto Market Maker GSR Receives Singapore Crypto License
The license is the first awarded by Singapore to a crypto market maker.
European Crypto Exchange Bitstamp Receives In-Principle Approval in Singapore
Bitstamp describes itself as the “first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore.”
Crypto Exchange Upbit Gets Full Licensing in Singapore
Upbit said it is “poised to expand [its] range of offerings,” having acquired a MPI license.
‘Cryptocurrencies Have Failed the Test of Digital Money,’ MAS’ Managing Director Says
Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.
Binance’s Custody Arm Ceffu Will Apply for Singapore License: Report
Binance rebranded its custody arm to Ceffu earlier this month.