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Singapore Establishes Crypto Task Forces to Combat Digital Crimes

Singapore's Attorney General's Office has formed two task forces to address technology-related crimes and virtual currencies. Learn how these forces aim to combat cybercrime and keep up with the latest tech advancements. Singapore's Attorney General's Office has taken a proactive approach to combat digital crimes...

Coinbase Obtains Major Payment Institution License in Singapore

Coinbase, listed on Nasdaq as COIN, secures a Major Payment Institution license from the Monetary Authority of Singapore (MAS). This milestone solidifies Coinbase's commitment to the Singaporean market and its expansion of Digital Payment Token services. Singapore, a crypto-friendly hub, is a priority market...

Blockchain.com Obtains Major Payment Institution License in Singapore

Blockchain.com, one of the oldest cryptocurrency platforms, has announced that it has secured a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). The license will allow the company to provide regulated digital payment token (DPT) services to institutional clients and...

Singapore Establishes Standard Screening Procedures For Cryptocurrency Bank Accounts

The Monetary Authority of Singapore (MAS) has collaborated with traditional banks to create standardized criteria for vetting new customers from the cryptocurrency sector. This move aims to help local banks streamline the process of creating accounts with digital asset service providers. In collaboration with the...

Coinbase announces partnership with Standard Chartered amid disruption in banking sector

Coinbase is looking to expand its operations, with Singapore being the first stop. As part of its ambitious plans, the digital currency trading platform has announced a strategic partnership with Standard Chartered in Singapore, to provide its users with an option to transfer money...