Singapore

Regulation

Singapore Central Bank Proposes New Rules for Bitcoin Startups

Singapore's central bank has proposed a new regulatory framework for payments that could cover digital currency exchanges.

Policy & regulation  ·  29 August 2016
Banking

Singapore Central Bank Adds Blockchain CEOs to Advisory Panel

Blythe Masters and 14 other financial leaders have joined a new tech advisory panel formed by Singapore's central bank.

Business  ·  5 August 2016
Singapore

IBM to Open Blockchain Development Center With Singapore Regulators

IBM expanded its blockchain efforts today with news it will open a blockchain center in partnership with the Singapore government.

Markets  ·  12 July 2016
Japan

Bitcoin Exchange Raises $16 Million in Ongoing Series A Funding

A bitcoin exchange startup based in Singapore has raised $16m in new funding as part of an ongoing Series A.

Business  ·  27 June 2016
Singapore

How Standard Chartered is Using Ripple to Rethink Trade Finance

Standard Chartered is moving ahead toward "full commercialization" with its blockchain trial for trade finance.

Markets  ·  29 February 2016
Banking

DBS, Standard Chartered Develop Distributed Ledger for Trade Finance

Singapore’s DBS Bank has reportedly partnered with Standard Chartered to create a distributed ledger for trade finance.

Business  ·  17 December 2015
Banking

Singapore PM Urges Banks to Keep Current With Blockchain Tech

The Prime Minister of Singapore has urged the country's banks to keep up to scratch with technological developments such as blockchain technology.

Business  ·  13 November 2015
Venture Capital

Remittance Firm Toast Pivots from Bitcoin, Raises $850,000

Singapore-based remittance startup Toast, previously known as Cryptosigma, has pivoted away from bitcoin and blockchain technology and reportedly raised $850,000 (S$1.2m) in seed funding. The startup – which seeks to facilitate remittances for Filipino workers living in Singapore – announced its re-branding in a blog post in July and said it would for now operate […]

Business  ·  9 October 2015
Exchanges

Coinbase Expands to Asia With Singapore Market Launch

Bitcoin services firm Coinbase has expanded to Singapore, a move that marks the $106m startup's introduction to the Asian market.

Markets  ·  2 September 2015
Crime

Interpol Held a Dark Market War Game Using its Own Cryptocurrency

Interpol held an interactive training seminar in Singapore last month that utilized an internally developed cryptocurrency and a mock dark market.

Policy & regulation  ·  13 August 2015
Venture Capital

Singapore Central Bank Funds Blockchain Recordkeeping Project

The Monetary Authority of Singapore has funded a blockchain-based recordkeeping system as part of a five-year $225m investment plan.

Business  ·  1 July 2015
Europe

Blockchain Firm Denies ‘Conflict of Interest’ for Advisor Yanis Varoufakis

Tembusu Systems denies Greek finance minister Yanis Varoufakis' role as its advisor represents a "conflict of interest" for the politician.

Business  ·  20 May 2015
Singapore

Three Crypto Startups Accepted onto Singapore’s FinTech Accelerator

Three crypto startups have been selected to join Startupbootcamp (SBC), Singapore’s FinTech accelerator program. Decentralised peer-to-peer marketplace DeBuNe; blockchain equity issuer Otonomos; and bitcoin wallet provider Cryptosigma will join seven other startups in the three-month programme. SBC will give each of the participating startups approximately $18,000 in funding, free office space, mentorship and access to a network of angel […]

Markets  ·  18 May 2015
Crime

Interpol Creates Digital Currency to Study Crypto Crime

Interpol’s cybercrime research facility, the Global Complex for Innovation (IGCI), has created its own digital currency in a bid to combat cryptocurrency-fuelled crime. The IGCI team, which includes members from Singapore’s police force, will use its in-house virtual currency to study scenarios of cryptocurrency use and misuse in a specially designed simulation training game. Madan Mohan […]

Markets  ·  20 April 2015
Exchanges

Bitcoin Derivatives Trading Platform Coinarch Expands into China

Derivatives-focused bitcoin trading platform Coinarch is making a push into the Chinese market, with the launch of dedicated local branding.

Business  ·  20 February 2015