Cryptocurrency Analysis and News Portal
The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk. Singapore’s Central Bank Formally Approves
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Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services in the country.MAS issued licenses to Australian crypto exchange Independent Reserve and DBS Bank’s brokerage arm, DBS Vickers (DBSV), allowing them to provide digital payment token services under the Payment Services
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Under Singapore’s licensing regime, applicants applying for a license are subject to a review of their policies, customer protection procedures, compliance structures, market manipulation safeguards and Know-Your-Customer requirements, among other stringent measures. Source
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Crypto experts across the United Kingdom’s legal industry have announced the launch of the Crypto Fraud and Asset Recovery (CFAAR), a network aimed at providing redressal against crypto-related fraudulent activities. The group includes a diverse range of professionals, such as “lawyers, barristers, forensic accountants, corporate intelligence and asset recovery experts.”The launch
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The revolution will not be televised — it will be minted. Earlier this year, we saw the meteoric rise (and fall) of nonfungible tokens, or NFTs, in mainstream media and popular culture. We all heard about them, but was the hype real? Top businessmen and media moguls, such as Mark
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Celo-powered crypto wallet Valora has closed on a $20 million funding round, as the company announced it will become a standalone entity.In a Tuesday announcement, Valora said Andreessen Horowitz, Polychain Capital, SV Angel, Nima Capital, NFX, Valor Capital, and others had invested $20 million in a Series A round for
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Cryptocurrency adoption is growing in Singapore, especially among younger generations looking to capitalize on the generational wealth potential of Bitcoin (BTC) and other digital assets, according to a new survey conducted by Asia-Pacific cryptocurrency exchange Independent Reserve. Forty-three percent of the polled respondents said they owned cryptocurrency, with 46% planning to
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On Dec. 8, exactly one month ago, Bitcoin was hovering around the $18,700 range, with many analysts debating as to whether the flagship asset would be able to sustain its bullish momentum and cross its all-time high value close to $20,000. Well, how quickly things have changed since then because
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The most expensive royal trip of 2019-2020 has been revealed, and surprise! It was taken by Meghan Markle and Prince Harry.The Sussexes trip to Africa was expensive, but it proved more costly in other ways.Not happy to just do the job they’re handsomely paid to do, Meghan took the opportunity
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Blockchain voting startup Voatz argued that bug bounty programs concerning cybersecurity should be operated under strict supervision in a “friend of the court” brief before the Supreme Court of the United States (SCOTUS). Voatz weighed in Thursday on Van Buren v. United States, a Supreme Court case examining whether it is
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