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OKX Secures MPI License Approval from Singapore’s MAS

A huge step forward for the crypto exchange OKX, has been revealed with the announcement that the Monetary Authority of Singapore (MAS) has approved the exchange in principle for a major payment institution (MPI) license. This clearance further establishes OKX as a leading cryptocurrency exchange in Singapore and adds it

March 13, 2024 2 mins read

Singapore Traders Fair and Blockchain Fest: A Day of Triumph and Innovation!

A day of triumph unfolded at Marina Bay Sands on March 2nd as two eagerly awaited events, the Singapore Traders Fair and the Blockchain Festival Asia 2024, jointly organised by global fintech event leader FINEXPO, concluded with resounding success. Welcoming a staggering total of over 2,500 attendees, this dynamic convergence

March 12, 2024 2 mins read

Bitstamp Secures Preliminary Regulatory Clearance in Singapore

Bitstamp, a cryptocurrency exchange based in Europe, has received preliminary regulatory clearance from Singapore’s Monetary Authority (MAS). The exchange will soon be authorized to provide digital payment token services in the region thanks to the Major Payment Institution (MPI) license, according to an email release on Wednesday. Bitstamp boasts that

March 6, 2024 1 min read

Singapore Strikes Out Spot Bitcoin ETFs for Retail Investors

After receiving clearance from the U.S SEC, Spot Bitcoin ETFs have lately gained immense market interest. However, retail investors cannot purchase Spot Bitcoin ETFs due to a ban imposed by the Monetary Authority of Singapore (MAS). The regulatory body has banned listing of Spot Bitcoin ETFs in the nation. Bitcoin

January 18, 2024 2 mins read

BitGo Secures In-Principle Approval for MPI License by Singapore’s MAS

The BitGo crypto custody firm has received an in-principle approval for a Major Payment Institution (MPI) license via its local entity from Singapore’s financial regulator, the Monetary Authority of Singapore (MAS). A post on Twitter declared the in-principle approval by the corporation. This authorization follows BitGo’s acquisition of a crypto

January 10, 2024 2 mins read

Upbit Singapore Secures Major Payment Institution License by MAS

Upbit Singapore has announced that it has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a major step towards solidifying its position in the regulated digital asset exchange. Moreover, Upbit Singapore is now well-positioned to play a key role in the growing digital

January 8, 2024 2 mins read

AI-Driven Deepfake Crypto Scam Targets Singapore Prime Minister

Prime Minister Lee Hsien Loong of Singapore has issued a public warning against a new kind of cyber fraud that employs deepfake technology. Recent Facebook posts of his have drawn attention to the proliferation of videos purporting to show him encouraging crypto frauds, which he claims are the product of

December 29, 2023 2 mins read

Worldcoin Project Launches Orb Verification in Singapore

The Orb, a hardware device made possible by the Worldcoin project, is now available to Singaporeans for verification purposes, marking a significant step forward in the global movement for proof of personhood. The Orb is a piece of specialized hardware that the project team uses to improve identification verification. The

December 27, 2023 1 min read