The exchange urged Singapore users to close trades and withdraw fiat deposits by October 26.
The crypto exchange will now operate in Singapore only under Binance.sg.
CBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though they mostly remain in the hypothetical stage. However, more than 80% of central banks are looking at digital currencies. The Reserve Bank of Australia...
Singapore's financial regulator has added Binance to the investor alert list, signifying that the crypto exchange is unlicensed to provide payment services in the nation. The Monetary Authority Of Singapore Adds Crypto Exchange Binance To The Investor Alert List As per a report from...
Binance, however, operates in the country under Binance.sg.
The IRCI Singapore found that 90% of citizens have heard of Bitcoin while 40% own it, with 39% of Singaporeans seeing it as an investment.An independent research survey published today examined Singapore's awareness, adoption, trust, and confidence in Bitcoin and cryptocurrencies, finding a 63...
Central banks of Singapore and France are developing a digital coin interoperability system that will support various global CBDCs. The Financial authorities of both countries are seriously exploring the CBDCs cross-border applications. CBDC...
Changpeng Zhao, Binance CEO tweeted today, how the crypto exchange giant believes in solving problems over engaging in debates or fights. However, none of Binance problems are close to a solution, instead, the arena of trouble has been expanding for Binance. The number of nations that have issued some form of regulatory warning for Binance The post Is Binance in Trouble? Regulatory actions...
Crypto exchange Binance...
In hopes to grow its financial products on the DBS Digital Exchange (DDex), Singapore’s DBS Bank just announced its issuance of a $11.3 million digital bond in its security token offering (STO). A security token offering is similar to that of an IPO, in that it’s a type of public...
The Singapore-based bank is planning to expand its Security Token Offerings.
Police report that around $29 million had been lost in crypto-related crime cases in Singapore since 2018.
Raoul Pal has revealed the latest news on Bitcoin investments and mainstream adoption during a recent podcast appearance. Raoul Pal revealed news concerning Temasek, Singapore's sovereign wealth fund, and their Bitcoin journey. Sovereign wealth funds dwarf everyone else…and the are coming....
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