Bitcoin
$62,351.88-2.22%
Ethereum
$3,174.74-3.98%
Binance Coin
$588.63-2.28%
Solana
$135.15-5.16%
XRP
$0.50567356-2.91%
Dogecoin
$0.14164900-5.03%
Toncoin
$5.26-4.72%
Cardano
$0.45302492-4.12%
Shiba Inu
$0.00002353-5.24%
Avalanche
$33.23-4.43%
Tron
$0.11886005-1.71%
Wrapped Bitcoin
$62,422.60-2.48%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index

Singapore

Ravi Menon, Managing Director of MAS
Markets
Mas
'Cryptocurrencies Have Failed the Test of Digital Money,' MAS' Managing Director Says
Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.
Ravi Menon, Managing Director of MAS
By Sam Reynolds
Nov 16, 2023 at 5:38 a.m. UTC
Nov 16, 2023
MASSingaporeMonetary Authority of Singapore
Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)
Policy
Regulations
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.
Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)
By Elizabeth Napolitano
Nov 16, 2023 at 2:00 a.m. UTC
Nov 16, 2023
RegulationsPaxosMASSingaporeStablecoins
Singapore Central Bank Starts Tokenization Pilots; What's Behind Solana’s SOL Rally?
Video
Singapore
Singapore Central Bank Starts Tokenization Pilots; What's Behind Solana’s SOL Rally?
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Singapore's central bank starting to test tokenization use cases alongside maj...
Singapore Central Bank Starts Tokenization Pilots; What's Behind Solana’s SOL Rally?
By CoinDesk Staff
Nov 15, 2023 at 4:39 p.m. UTC
Nov 15, 2023
SingaporeJPMorgancdtvShiba InuSOLShibariumCd dailyManny pacquaio foundation
Night view of Singapore taken across the water.
Policy
Mas
Singapore Central Bank Starts Tokenization Pilots Alongside JPMorgan, BNY Mellon, DBS
The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.
Night view of Singapore taken across the water.
By Jamie Crawley
Nov 15, 2023 at 9:54 a.m. UTC
Nov 15, 2023
MASSingaporeTokenization
Hodlnaut to be liquidated (Sasun Bughdary/Unsplash)
Finance
Hodlnaut
Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows
A winding up order was filed by Hodlnaut's liquidators on May of this year.
Hodlnaut to be liquidated (Sasun Bughdary/Unsplash)
By Oliver Knight
Nov 10, 2023 at 2:09 p.m. UTC
Nov 10, 2023
HodlnautSingaporeCourt Filings
OECD logo of a globe, two chevrons and the letters OECD on display
Policy
Regulations
International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up
Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement.
OECD logo of a globe, two chevrons and the letters OECD on display
By Amitoj Singh
Nov 10, 2023 at 1:36 p.m. UTC
Nov 10, 2023
RegulationsOECDTax EvasionJurisdictionCryptoUKSingapore
(Shutterstock/Jonathan Weiss, modified by CoinDesk)
Consensus Magazine
Opinion
Can Bank-Backed Exchanges Solve Crypto Trading’s Trust Problem?
Platforms built for crypto-native investors have an edge over latecomers, though the industry is embracing "institutional-grade" standards, Dr. Bo Bai writes.
(Shutterstock/Jonathan Weiss, modified by CoinDesk)
By Dr. Bo Bai
Nov 8, 2023 at 2:10 p.m. UTC
Nov 8, 2023
OpinionTrading Week 2023ExchangesbanksEDX MarketsSingaporeZodia Custody
Police issue warning over WhatsApp scam (Christian Wiediger/Unsplash)
Finance
Singapore
Singapore Police Issue Warning Over WhatsApp Phishing Scam
The scam lures victims in by prompting them to scan a QR code on a phishing website to secure credentials.
Police issue warning over WhatsApp scam (Christian Wiediger/Unsplash)
By Oliver Knight
Nov 3, 2023 at 1:48 p.m. UTC
Nov 3, 2023
SingaporePolicescamPhishingPhishing Scam
(EDUARD MUZHEVSKYI / SCIENCE PHOTO LIBRARY/Getty Images)
Policy
Regulations
Singapore, Japan, U.K., Swiss Regulators Plan Asset Tokenization Pilots
Project Guardian seeks to advance digital asset tokenization pilots for fixed income, foreign exchange and asset management products.
(EDUARD MUZHEVSKYI / SCIENCE PHOTO LIBRARY/Getty Images)
By Sandali Handagama
Oct 30, 2023 at 10:43 a.m. UTC
Oct 30, 2023
RegulationsSingaporeMASFCAFSAJapanTokenizationReal World Assets
Singapore (Mike Enerio/Unsplash)
Finance
Upbit
Upbit Receives Preliminary 'In-Principal' Approval in Singapore
The in-principal approval allows Upbit Singapore to continue providing regulated digital payment token services in compliance with the Payment Services Act 2019.
Singapore (Mike Enerio/Unsplash)
By Omkar Godbole
Oct 16, 2023 at 5:03 a.m. UTC
Oct 16, 2023
UpbitSingaporeMAS