Singapore

Policy·Regulation·Road 2 Crypto·Technology

Stablecoin Payments in Singapore Hit Record High in Q2, Approaching $1 Billion

September 12, 2024

Stablecoin payments in Singapore hit a record high of nearly $1 billion in the second quarter, driven by merchant transactions, according to a report from Chainalysis on Wednesday. Eric Jardine, Cybercrimes Research Lead at Chainalysis, believes that businesses in Singapore are attracted to stablecoins.

Policy·Regulation·Road 2 Crypto·Technology

Singapore Casinos Go Cashless, Say ‘No’ to Crypto Over Security Concerns

September 11, 2024

Singapore is stepping forward in modernizing its casino industry by approving cashless gaming transactions. Unfortunately, the amendment does not cover cryptocurrency transactions. This decision, announced Tuesday in a closing speech by Sun Xueling, the Minister of State for Social and Family Development and Minister of State for Home Affairs, marked the second reading of the

September 10, 2024

Policy·Regulation·Tokens

Singapore Monetary Authority Expands Regulatory Scope for Digital Payment Token Services

The Monetary Authority of Singapore (MAS) has taken significant steps to enhance the regulatory framework for digital payment tokens. In an announcement

April 2, 2024

Singapore

Stablecoin Payments in Singapore Hit Record High in Q2, Approaching $1 Billion

Singapore Casinos Go Cashless, Say ‘No’ to Crypto Over Security Concerns

Singapore Probes Shadow Market for Worldcoin Accounts

Bitcoin ATM Scams Surge, Targeting Older Adults With Fraudulent Schemes

Crypto Exchange OKX Secures Major Payment Institution License in Singapore

Singapore Monetary Authority Expands Regulatory Scope for Digital Payment Token Services