Tag: singapore crypto

May 06 2022

Despite A Crypto Crash, This Unicorn Is Targeting A $10 Bln Valuation

May 06 2022 Published at Coingape under tags  news private funding singapore crypto

Singapore-based crypto unicorn Amber Group is reportedly targeting a $10 billion valuation through more funding. The firm had earlier this year raised about $200 million in a series B+ funding round. A $10 billion valuation would more than triple Amber's current value, which is at about $3 billion-making it among the most valuable crypto startups....

May 05 2022

Singapore Restaurants Accepting Crypto Payments Amid Legislative Resistance

Singapore was once a haven for cryptocurrency enthusiasts but now the government is tightening its reins and restricting the use of digital assets. Nonetheless, restaurants in Singapore continue to accept crypto payments despite the legislative sanctions. Joo Bar and Maison Ikkoku spearhead the move to push the use of crypto payments for many businesses in Singapore. Many...

Apr 28 2022

Revolut Expands Crypto Services To Singapore As UK License Remains In Doubt

Apr 28 2022 Published at Coingape under tags  news regulation news revolut singapore crypto

British financial technology Revolut has received in-principle approval (IPA) from the Monetary Authority of Singapore to operate fully regulated cryptocurrency services in the country under the Payment Services Act, the company said on Wednesday. The crypto company is currently awaiting approval for permanent registration with the Financial Conduct Authority after it received temporary licenses from the...

Apr 25 2022

Just-In: Singapore’s OCBC Partners With Crypto Exchange To Issue Green Tokens

Apr 25 2022 Published at Coingape under tags  news ocbc singapore crypto

OCBC, one of Singapore's largest commercial banks, said on Monday it partnered with local crypto exchange MetaVerse Green Exchange (MVGX) to issue crypto tokens linked to investments in environmentally friendly technology. Under the partnership, the two will issue carbon credit tokens that can be purchased by companies to offset their carbon footprint. The proceeds from...

Mar 24 2022

Singapore High Court Recognises Crypto As ‘Property’ In A Judgement

Countries around the globe are struggling to identify Cryptocurrencies under certain categories. On the other hand,...

Nov 19 2021

This Singapore Banking Giant May Offer Crypto Services Soon

Nov 19 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

Amid Singapore's ongoing effort to establish itself as a key player in the global crypto economy by laying out a clear regulatory framework, one of the country's leading banking institutions, Oversea-Chinese Banking Corp. (OCBC) is considering the incorporation of crypto services by setting up a crypto exchange. The Chief Executive Officer at OCBC, Helen Wong The post This Singapore Banking Giant May Offer...

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