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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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Engineered Trust – A Conversation with Adam Phillips, CEO of FXT
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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CryptoCurrency
Deutsche Bank Works on Tokenized Trading Platform, Finishes Trial Phase
2023-02-22T11:55:17.271+02:00
DAMA allows the management of digital funds investing in tokenized securities.
Deutsche Bank wants to develop the project by tapping into the potential of the Singapore market.
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CryptoCurrency
DBS Sees 80% BTC Trading Surge on DDEx Exchange in 2022
2023-02-15T11:15:32.290+02:00
Additionally, ETH trading volumes rose by 65%.
However, dollar-denominated turnover stayed the same due to the visible crypto price slump last year.
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Executives
Edgewater Taps FX Veteran Chan Chong San to Consolidate APAC Presence
2023-02-09T14:32:44.944+02:00
Chan was previously the MD of GFI Group.
He brings over three decades of experience to his new role at Edgewater.
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FinTech
UK and Singapore Agree to 'Deepen Cooperation' in Fintech
2022-11-25T16:55:17.135+02:00
UK fintech investment grew 24% YoY to $9.1 billion in the first half of 2022.
Report ranks Singapore as South East Asia's leading fintech hub.
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News
Singapore Police Investigating Crypto Platform Hodlnaut for Fraud
2022-11-25T10:18:29.416+02:00
The platform suspended all activities in August.
It reported massive exposure to FTX.
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Institutional FX
LMAX Group Launches Matching Engine from SG1 Data Center
2022-11-18T13:21:55.809+02:00
It is the fourth matching engine of LMAX.
The group is seeking the approval of MAS to further expand services from Singapore.
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CryptoCurrency
Paxos Becomes “Major Payments Institution” in Singapore
2022-11-02T12:10:10.191+02:00
It has had a presence in the city-state for ten years.
In March 2022, the company received in-principal approval from MAS.
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CryptoCurrency
Singapore’s MAS Proposes Restrictions on Retail Crypto Trading
2022-10-26T12:12:10.979+02:00
It has proposed many rules around stablecoins.
The regulator is accepting feedback on the proposed rules until 21 December.
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Thought Leaders
MultiBank Group Announces Two Additional Licenses in UAE and Singapore
2022-10-19T16:56:45.660+02:00
The new licenses help consolidate MultiBank's position as one of the most trusted brokers.
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CryptoCurrency
Blockchain.com Gets Regulatory Greenlight from Singapore’s MAS
2022-10-12T13:57:14.497+02:00
Singapore now has 18 regulated crypto service providers.
Blockchain.com also received approval from Dubai last month.
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News
Coinbase Gains In-Principal Approval from Singapore’s MAS
2022-10-11T12:08:19.880+02:00
The exchange can now offer crypto products in Singapore.
MAS has handed 17 in-principal approvals and licenses for crypto services.
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Institutional FX
Horizon Software Bolsters APAC Presence with New Singapore Office
2022-09-29T12:56:25.861+02:00
The company already has seven other offices globally.
The new office will bring the company closer to the APAC client base.
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Retail FX
Tools for Brokers Strengthens APAC Presence with New Singapore Office
2022-09-08T12:53:34.074+02:00
It is now operating from five global offices.
Earlier, the company promoted Sergei Gruzin as the Asia Head of Business Development.
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News
Lightnet Group Secures $50 Million Capital Commitment from LDA Capital
2022-08-30T12:25:00.502+02:00
The company is planning to expand its operations.
Lightnet is targeting growth opportunities in the payment and remittance space.
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News
M-DAQ Completes Acquisition of Wallex
2022-08-10T14:07:28.878+02:00
The acquisition was first announced in February 2022.
M-DAQ is planning to expand its global presence.
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Thought Leaders
Finalto Adds SGISGD - MSCI Singapore Index to its Platform
2022-08-08T10:17:09.737+02:00
The addition of the index enables exposure to Singapore’s economy with a single position.
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Thought Leaders
Finalto Certified by Singapore FinTech Association (SFA)
2022-08-01T11:12:20.639+02:00
The certification is a benchmark qualification for the fintech industry in Singapore
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News
Crypto Exchange Zipmex Files for Bankruptcy Protection in Singapore
2022-07-29T10:06:41.936+02:00
It is seeking a moratorium period against creditors' claims.
It suspended all withdrawals earlier this month.
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CryptoCurrency
Three Arrows Capital Founders Finally Speak Up, Mull Over Move to Dubai
2022-07-22T14:46:49.526+02:00
The co-founders are looking to move to Dubai in the United Arab Emirates.
They described the collapse of their crypto hedge fund as 'regrettable'.
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CryptoCurrency
Vauld Filed a Moratorium Order for Protection against Its Creditors
2022-07-21T11:47:49.785+02:00
Vauld's Co-Founder and CEO made it clear that the company is not shutting down.
The duration of the moratorium is 6 months.
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Executive Moves
Christopher Brankin Leaves TD Ameritrade, Joins Capital.com as Singapore CEO
2022-07-15T09:03:31.681+02:00
He was the CEO of TD Ameritrade in Asia for the last 11 years.
Capital.com hired several industry experts in APAC recently.
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Brokers
LiteFinance Opens New Regional Representative Office in Singapore
2022-07-12T12:45:04.757+02:00
The broker has over a dozen of such regional offices in Asia and Africa.
It aims to support local clients and partners with the new office.
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Regulation
Singapore’s MAS Mulls to Bring Retail Crypto Trading Restrictions
2022-07-05T08:39:08.719+02:00
The move came with the ongoing collapse in the crypto market.
Some of the recently collapsed crypto firms are based in Singapore.
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Brokers
Futu’s Singapore Subsidiary Becomes Full-Service Digital Broker
2022-06-30T11:42:48.226+02:00
It can now execute and settle transactions through its clearing system.
It is now expanding in markets outside China.
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CryptoCurrency
Singapore: Is the City-State Ready to Become Asia’s Next Crypto Hub?
2022-06-25T16:59:09.789+02:00
The Monetary Authority of Singapore recently granted in-principle approval to Crypto.com.
The country’s tough regulatory requirements will develop a more ‘sustainable’ crypto ecosystem.
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