Singapore

Singapore Police Investigates Binance For Disobeying Local Payment Service Rules

Binance is on the radar of the Singapore police for a possible breach of local payment services rules. The exchange has been accused of actively soliciting its Singapore users, regardless of not being licensed in the country.

Coinbase CEO Disagrees With MAS’ Stance On Retail Access To Crypto Assets

Brian Armstrong voiced his concerns on the crypto onboarding process proposed by the Monetary Authority of Singapore (MAS).

Singapore Moves to Make Borrowing for Crypto Purchases Illegal

Singapore wants to ban retail investors from borrowing funds to trade cryptocurrency and generating returns from lending and staking. But it does not seek to prohibit crypto services outrightly.

58% Of Hong Kong And Singapore Elites Own Crypto Assets

A study published by KPMG China and Aspen Digital revealed that a majority of Singapore and Hong Kong elites are increasingly investing in digital assets.