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News
Singapore’s Financial Technology Company STACS Partners with CSOP
2022-02-09T09:58:31.199+02:00
The firm collaborated as a blockchain platform provider for OTC derivatives trade processing.
The partnership also received support from IMAS.
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Revolut Gains Commodities Trading License from Singapore’s MAS
2022-01-05T10:06:19.172+02:00
The fintech is planning to roll out trading services with gold and silver exposure.
It will allow customers to invest as low as $1 in commodities.
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Brokers
Samtrade FX Stops All Services amid Singapore Investigation
2022-01-04T13:53:15.429+02:00
The trading platform has stopped withdrawals.
It has requested to put the entities under judicial management.
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Retail FX
Samtrade FX Faces Probe in Singapore, 3 Men Arrested
2022-01-03T15:24:46.434+02:00
The trading platform is allegedly offering unlicensed trading services in the country.
The authorities are investigating the parent and the two Singapore entities.
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News
Crypto.com Joins Singapore Blockchain Innovation Programme as Gold Member
2021-12-29T09:47:13.294+02:00
SBIP will increase the adoption of blockchain technology across different sectors.
The Singapore Blockchain Innovation Programme was launched in December 2020.
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Brokers
ayondo's Loss for Q3 2021 Deepens to $255K
2021-11-12T15:26:32.000+02:00
The company closed the quarter with negative working capital of SGD 3.4 million ($2.5 million).
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Brokers
Saxo Bank Provides Trading Infrastructure to HSBC Customers in Singapore
2021-11-12T12:51:32.000+02:00
The integration into the banking system will be made using Saxo’s OpenAPI.
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Institutional FX
Tiger Brokers Joins SGX as Securities Trading and Clearing Member
2021-11-09T14:30:02.000+02:00
The securities market of Singapore Exchange now has 26 trading members and 26 clearing members.
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Brokers
Tiger Brokers Receives Approval on Securities Trading in Singapore
2021-11-05T23:51:52.000+02:00
Ocean Joy Securities Limited acquired a Type 1 and Type 2 license from Hong Kong's securities regulator earlier in October.
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Institutional FX
SGX Announces Collaboration with DataBP
2021-11-05T13:29:21.000+02:00
The exchange partnered with DataBP to introduce SGX Data Direct.
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Regulation
Singapore’s MAS Says Regulated Stablecoins Could Have a ‘Useful Role’
2021-10-28T23:50:19.000+02:00
The MAS vows to regulate digital assets to combat financial crimes that are performed through cryptocurrencies.
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Institutional FX
e-FX Trading Hub of Deutsche Bank Goes Live in Singapore
2021-10-22T17:28:13.000+02:00
The Bank has completed its first set of live trades on its Singapore e-FX hub.
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Institutional FX
A New Order for FX Trading in Asia
2021-10-18T13:53:51.000+02:00
The fast pace of technological change in the financial sector can prove difficult for many firms.
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News
SBI, Sygnum and Azimut Introduce $75 Million VC Fund
2021-10-01T12:05:10.000+02:00
The new fund will invest in startups working in the digital asset sector.
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News
Binance.com to Stop Offering Crypto Trading Services in Singapore
2021-09-27T13:46:02.000+02:00
The exchange urged Singapore users to close trades and withdraw fiat deposits by October 26.
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Regulation
Singapore Firms Should Start Reporting Efforts Ahead of MAS Deadline
2021-09-16T14:43:01.000+02:00
“The onboarding process will typically require one to two weeks,” said Sophie Gerber.
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News
MAS and RBI to Link Singapore’s PayNow and India’s UPI
2021-09-14T12:31:01.000+02:00
The linkage between PayNow and UPI will enable users to execute instant and low-cost fund transfers.
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Brokers
Saxo Markets Singapore’s Client Onboarding Jumps 24% in H1
2021-09-07T08:38:59.000+02:00
75 percent of the new traders on the platform are below 40 years old.
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Binance.com Drops Services with Singapore Dollar amid MAS Warning
2021-09-06T10:14:56.000+02:00
The crypto exchange will now operate in Singapore only under Binance.sg.
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Singapore Regulator Puts Binance.com on Investor Alert List
2021-09-02T14:41:27.000+02:00
Binance operates in the country under Binance.sg.
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News
Cryptocurrency Ethereum Gains Popularity in Singapore
2021-08-16T14:53:45.000+02:00
The recent study from Gemini shows that the crypto investors in Singapore prefer ETH over BTC.
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Institutional FX
Singapore Exchange Announces Acquisition of MaxxTrader
2021-07-23T06:35:27.000+02:00
SGX is planning to expand its presence in the FX OTC space through the latest acquisition.
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Regulation
Companies Prepare for MAS Reporting as Deadline Approaches
2021-07-21T19:21:30.000+02:00
The deadline for the final phase of MAS reporting is October 1, 2021.
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Institutional FX
Edgewater Markets to Launch FX Trading and Pricing Engine in Singapore
2021-07-19T19:57:06.000+02:00
The new services are targeted to be launched in Q4 of 2021.
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News
Digital Wealth Management Company Syfe Raises $30 Million
2021-07-14T12:15:36.000+02:00
Valar Ventures led the recent Series B funding round.
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