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Singapore’s Deputy Prime Minister Advises Retail Investors to Steer Clear of Cryptocurrencies – Regulation Bitcoin News

Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns About Crypto Singapore’s Deputy Prime Minister Heng Swee Keat reportedly warned retail investors against investing in cryptocurrency Tuesday while speaking at

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Singapore’s Central Bank Is Laying the Foundations for a CBDC It Doesn’t Think Is Needed: Report

The Monetary Authority of Singapore (MAS) is laying the technological foundations for a central bank digital currency (CBDC) in case it decides to issue one, Managing Director Ravi Menon said at the Singapore Fintech Festival.However, the case for a retail CBDC is not urgent, Menon said, according to a report

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Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors – Exchanges Bitcoin News

DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is “growing very rapidly.” The bank’s digital asset trading platform expects to double the number of members by year-end. Singapore’s DBS Expects Substantial Growth in Crypto Business DBS’s senior executives said in an interview, published by Reuters

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Singapore’s National Research Foundation Invests $9M in Blockchain Innovation

A Singapore government research department has launched a new program intended to advance commercial applications of blockchain within the city-state.According to a report by The Strait Times on Monday, the S$12 million (US$8.99 million) program from the National Research Foundation (NRF) will support research and development of real-world use cases

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