Ripple Labs has formally secured approval from the Financial Authority of Singapore (MAS) to develop the scope of fee actions below its Main Fee Establishment license. This enables the corporate to supply a wider vary of regulated crypto-enabled fee providers. President Monica Lengthy mentioned the transfer reinforces Ripple’s regulation-first techniqueContinue Reading
SGX will record Bitcoin and Ether perpetual futures on 24 November, giving Asia its first exchange-cleared, regulated model of crypto’s most traded spinoff. The contracts change offshore auto-liquidation methods with conventional margining and clearing processes aimed toward bettering transparency and institutional reliability. The launch suits into Singapore’s broader regulated digital-assetContinue Reading
Recent surveys show crypto ownership among Singaporeans fluctuates between 26-29%, with changes driven by profit-taking rather than declining interest. Nearly all Singaporeans are aware of cryptocurrency, with roughly one-quarter to one-third actively participating in the market. Volkswagen Singapore has introduced crypto payments for vehicle services, accepting Bitcoin, Ethereum and stablecoinsContinue Reading
