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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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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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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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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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Executive Moves
Nomura Singapore Limited Secures Gan Chee Yen as a Non-Executive Director
2021-07-14T11:05:04.000+02:00
Gan Chee Yen brings in-depth experience in accounting, finance and investment management to the role.
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Institutional FX
PrimeXM Deploys a New Data Center in Singapore
2021-07-08T22:30:08.000+02:00
The new data center joins to the existing ones based in London, New York and Tokyo.
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Brokers
Tiger Brokers (Singapore) Becomes a Clearing Member of Central Depository
2021-06-25T12:07:34.000+02:00
It has received approval-in-principal from two Singaporean Exchanges.
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Exchanges
Synergy Futures Limited Joins SGX as a Trading Member
2021-06-03T09:39:51.000+02:00
The derivatives market of Singapore Exchange (SGX) has a total of 63 trading members.
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News
Asia’s Banking Giant DBS Launches Blockchain Bonds
2021-06-01T07:00:43.000+02:00
The Singapore-based bank is planning to expand its Security Token Offerings.
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Singapore Police Say Crypto-Related Crimes Keep Rising across the Country
2021-05-27T17:56:34.000+02:00
Police report that around $29 million had been lost in crypto-related crime cases in Singapore since 2018.
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Thought Leaders
State of Online Forex & CFD Trading Industry and its Regulations in SE Asia
2021-05-03T13:37:54.000+02:00
Many international CFD brokers mainly from Europe & Australia have started to offer their services in these regions.
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Institutional FX
Deutsche Bank Establishes Emerging Market FX Trading Engine in Singapore
2021-04-19T14:44:24.000+02:00
The Bank highlighted the surge in demand for the Chinese Yuan.
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FinTech
Indonesian Fintech Firm Payfazz Invests $30 Million in Xfers
2021-03-04T13:44:01.000+02:00
Payfazz made a strategic investment in the Singapore-based firm to establish Fazz Financial Group.
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Executive Moves
OIO Holdings Appoints Rudy Lim as CEO of Blockchain Business Subsidiary
2021-01-22T12:10:19.000+02:00
The company wants to accelerate its blockchain business, Lim previously served as the Head of Fintech at DBS Bank.
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News
Citi to Launch Lending Services on Grab App in Southeast Asia
2021-01-04T15:23:11.000+02:00
The two are already offering collaborative credit cards in six Asian markets.
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DBS Bank to Launch Cryptocurrency Exchange Next Week
2020-12-10T14:12:09.000+02:00
The world’s first crypto exchange backed by a traditional bank will support the listing of BTC, ETH, XRP and BCH.
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News
Singapore’s Fintech Investments Jumped 300% in Q2
2020-12-09T13:23:25.000+02:00
The total fintech investments surged to $278 million in the second quarter, compared to $68 million in Q1.
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