Singapore’s Central Bank chief dismisses cryptocurrencies, supports CBDCs and Stablecoins
The Managing Director of Singapore’s central bank, the Monetary Authority of Singapore (MAS), has branded cryptocurrencies as a failure. Instead,…
Ripple triumphs with new digital payments license in Singapore
Ripple has gained regulatory approval for its digital payment token license from the Monetary Authority of Singapore (MAS). Ripple announced…
Coinbase secures full license to expand crypto payment services in singapore
Cryptocurrency exchange platform Coinbase has secured a full major payment institution license under Singapore’s Payment Services Act. This development will…
Singapore Police seizes over $735 million in crypto
Singaporean authorities have detained 10 individuals, primarily with Chinese passports, on allegations of money laundering, resulting in the seizure of…