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Troubled cryptocurrency lending firm Babel Finance has more time to repay debts to creditors like Deribit after suspending withdrawals in 2022.A court in Singapore has extended creditor protection for Babel Finance by another three months, Bloomberg reported on April 18.According to Babel co-founder and former CEO Flex Yang, the moratorium
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Singapore regulators work together with traditional banks to develop uniform standards for screening potential customers from the crypto industry. The collaboration has been ongoing for the last six months. According to a Bloomberg report from Apr. 6, the Monetary Authority of Singapore (MAS) has been working alongside the police forces to
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The project has been ongoing for about six months, the Bloomberg story said. A separate industry report expected to outline best practices in areas like due diligence and risk management, could be published in the next two months, the sources told Bloomberg. The report that focuses on firms that provide
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Crypto Exchange Zipmex's Restructuring Plan Approved by Singapore Court Original Source
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A room at the Wassie-themed hotel goes for $129 a night as of Monday. Source
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Coinbase has integrated Singpass, making it more convenient for customers to sign up on the exchange. Coinbase, one of the largest cryptocurrency exchanges in the world, has opened funds movement to and from accounts through local banks, consequently streamlining the process of investing in virtual assets. The news comes at a
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Singapore's police has confirmed Do Kwon is not in the city state. Original Source
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Binance is looking to legally expand its global influence and this goal is currently being threatened in countries like the United States. The Binance exchange, the world’s largest digital currency trading platform is set to retry its luck in applying as a payment service provider in Singapore. As reported by Nikkei
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Amid various reports about Binance trying to revive its crypto licensing plans in Singapore, the crypto exchange has come out to set the record straight. Binance told Cointelegraph that Ceffu, its "independent institutional custody partner," is the one looking to apply for an institutional crypto custody license when Singapore’s central
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Binance rebranded its custody arm to Ceffu earlier this month. Source
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