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Singapore to Commit Up to S$150M for Developing Emerging Tech like Web3
/ FinTech

Singapore to Commit Up to S$150M for Developing Emerging Tech like Web3

Singapore remains committed to accelerating and strengthening technological advancements in the financial sector.

August 07, 2023
Singapore Red Cross to Accept Donations in Bitcoin and Ethereum

Singapore Red Cross to Accept Donations in Bitcoin and Ethereum

Singapore Red Cross now accepts donations in four cryptocurrencies, including Bitcoin, Ethereum, USDT, and USDC.

August 07, 2023
After $275M FTX Loss, Temasek to Avoid Crypto Citing Regulatory Uncertainty

After $275M FTX Loss, Temasek to Avoid Crypto Citing Regulatory Uncertainty

Temasek says it would be "very difficult" to make another crypto investment.

July 11, 2023
Singapore’s Crypto Firms Have to Keep Customer Funds in a Statutory Trust: MAS

Singapore’s Crypto Firms Have to Keep Customer Funds in a Statutory Trust: MAS

Singapore's Central Bank has instructed crypto firms to transfer user assets to a statutory trust by year end.

July 03, 2023
What is the Purpose-Bound Money Concept Proposed by Singapore?

What is the Purpose-Bound Money Concept Proposed by Singapore?

The PBM protocol would allow senders to set conditions including how long the money is valid and on which platforms it can be used.

June 22, 2023