Singapore - VentureVibe

DigiFT secures key Singapore regulatory approvals for token trading By Investing.com – Canada Boosts

Shiwali Sharma7 months ago7 months ago02 mins

© Reuters SINGAPORE – DigiFT, a Singapore-based monetary know-how agency, has lately achieved important regulatory milestones, securing a Capital Markets Companies (CMS) license and Acknowledged Market Operator (RMO) standing from the Financial Authority of Singapore (MAS). This improvement, introduced at this time, permits DigiFT to legally handle the issuance and facilitate secondary market liquidity for…

AMC Networks sees significant institutional ownership with crowded trade risks

Singapore banks bolster cybersecurity with new digital safety features By Investing.com – Canada Boosts

Shiwali Sharma8 months ago03 mins

© Reuters. SINGAPORE – In response to the rising menace of economic scams, which have value Singaporeans over $330 million in losses inside half a 12 months, native banks have launched superior safety measures to guard prospects’ funds. DBS Financial institution has initiated the rollout of its “digiVault” service, designed to protect towards unauthorized digital…

Former Bithumb chair faces 8-year imprisonment

Singapore to restrict retail crypto speculation with new rules By Cointelegraph – Canada Boosts

Shiwali Sharma8 months ago01 mins

In response to the suggestions acquired on its proposed Digital Cost Token (DPT) rules, the Financial Authority of Singapore (MAS) laid down measures for DPT service suppliers to discourage hypothesis in cryptocurrency investments. The de facto central financial institution of Singapore, MAS introduced 5 methods DPT service suppliers may help retail shoppers keep away from…

Why Singapore is ‘friend of all, enemy of none’ in Israel-Gaza war | Israel-Palestine conflict News – Canada Boosts

Shiwali Sharma8 months ago8 months ago019 mins

Singapore – Because the war erupted in Gaza, the tiny Southeast Asian city-state of Singapore has taken a stance of non-interference, reflecting a long-held international coverage targeted on being a “friend to all and enemy to none”. At a particular parliamentary session earlier this month, Deputy Prime Minister Lawrence Wong explained that Singapore’s “longstanding support…

Fed Vice Chair flags hedge fund risk in Treasury market

Singapore to pilot wholesale central bank digital currency in 2024 By Investing.com – Canada Boosts

Shiwali Sharma8 months ago03 mins

The Financial Authority of Singapore (MAS) has introduced its intention to launch a pilot program for wholesale central financial institution digital currencies (CBDCs) by 2024. This transfer aligns with international developments, as information from the Atlantic Council assume tank reveals that 130 nations at the moment are exploring digital forex initiatives, representing 98% of the…

Paxos gains initial MAS approval to issue USD stablecoin in Singapore By Investing.com – Canada Boosts

Shiwali Sharma8 months ago04 mins

© Reuters. SINGAPORE – Cryptocurrency brokerage Paxos has obtained preliminary approval from the Financial Authority of Singapore (MAS) to subject a U.S. dollar-backed stablecoin, marking a big step within the firm’s growth efforts in Asia. This in-principle approval below the Funds Companies Act (PSA) permits Paxos to supply digital cost token providers whereas awaiting full…