Sopnendu Mohanty, FinTech director at the Singapore regulator, praises the leadership of some big crypto firms – saying several leaders like Binance and Crypto.com are “fully committed” to building a sustainable system to fix the problems, Bloomberg reported on Saturday 25 June. . In a post on LinkedIn, he said the CEOs of these companies … Read more
Advertising The cryptocurrency industry is a forum where the trading and exchange of one digital currency for another or a different national currency takes place. In improvement of mining – the recent trend of creating cryptocurrencies, exchanges are being considered as one of the ways to collect them. Each participant, investing real money, has the … Read more
The cryptocurrency industry is a forum where the trading and exchange of one digital currency for another or a different national currency takes place. By improving mining – the recent trend of creating cryptocurrencies, exchanges are assumed as one of the ways to collect them. Each participant, investing real money, has the right to earn … Read more
Singapore will be “brutal and relentlessly tough” on bad behavior in the crypto industry, according to its fintech policy chief, marking a sea change in rhetoric after years of the city-state courting the sector. Sopnendu Mohanty, director of financial technology at the Monetary Authority of Singapore, the country’s central bank, questioned the value of private … Read more
TOKEN2049, Asia’s flagship crypto conference, has announced high-flying title sponsors as part of its highly anticipated debut in Singapore. Organized on September 28 and 29, 2022, this edition marks the first physical presence of TOKEN2049 in Singapore. It will coincide with the 2022 Formula 1 Singapore Grand Prix, ahead of the weekend’s race. The flagship … Read more
Non-fungible tokens or NFTs are attracting creators and brands as new mediums for communication and expression. The media are also testing NFT approaches, with strategies that go well beyond simple communication. Because NFTs can help the media win back their audiences, editorialize their content differently and explore new business models. Explanations with 4 examples: 20 … Read more
Singapore’s Deputy Prime Minister Heng Swee Keat warns retail investors against cryptocurrencies during the Asia Tech Summit on May 31, 2022. (PHOTO: Roslan RAHMAN / AFP) SINGAPORE — Singapore’s Deputy Prime Minister Heng Swee Keat has warned retail investors to “steer clear” of cryptocurrencies following the recent Terra Luna crash which saw investors lose their … Read more
Singapore was seen as a favorable crypto destination until the country’s regulator started tightening rules regarding virtual assets. But, despite competition from regions such as Dubai, authorities have said they will “characterize their own path” and not “react to what other countries are doing”. Daniel Lee, a former chief entrepreneur and listing at DBS Digital … Read more
FOMO Pay is the first major payment institution to introduce a cryptocurrency payment method for merchants from Singapore The new solution is part of the company’s mission in construction from Asia first licensed gateway connecting businesses to both fiat and cryptocurrency SINGAPORE, April 13, 2022 /PRNewswire/ — Retailers of Singapore can now accept Digital Payment … Read more
BitDATA exchange BitDATA Exchange and Blockchain Association Singapore Address “Challenges Faced in the Digital Asset Space in 2022 and Beyond.” Singapore, Singapore, April 04, 2022 (GLOBE NEWSWIRE) — On March 29, 2022, BitDATA Exchange, a Monetary Authority of Singapore (MAS) license-exempt fiat-crypto exchange license from Singapore, co-hosted a round table with the Blockchain Association Singapore … Read more