Traditional financial institutions have role to play in shaping crypto ecosystem
SINGAPORE – Digital payments and settlements have been around for a long time; even private digital currencies are now more than a decade [...]
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Bollywood stars, Indian celebrities launch NFTs amid global craze
MUMBAI(REUTERS) – Indian celebrities from the world of Bollywood and cricket are increasingly launching digital memorabilia through non-fungible tokens (NFT), hoping to rake [...]
NFT insider scandal shakes up the booming world of 'illiquid jpegs'
NEW YORK (BLOOMBERG) – There were all the elements of a financial scandal: insider information, a dominant exchange, suspicious price patterns, and an [...]
Binance to halt offering some products in Singapore after MAS warning
SINGAPORE (BLOOMBERG) – Cryptocurrency exchange Binance said on Sunday (Sept 5) that it will stop offering some products in Singapore after regulators said [...]
Binance can't be supervised properly, says UK financial watchdog
LONDON (REUTERS) – The world’s biggest crypto exchange Binance is not capable of being supervised properly and poses a significant risk to consumers, [...]
BitMEX crypto exchange to pay $136 million to settle probes
NEW YORK (BLOOMBERG) – A group of companies that operated the BitMEX crypto exchange will pay US$100 million (S$136 million) to settle allegations [...]
Betting on cryptocurrency gains
SINGAPORE – When 21-year-old student Yong Jun put $2,800 into Ethereum in February this year, he did so with the view that it [...]
Amazon denies report of accepting Bitcoin as payment, but is eyeing crypto
NEW YORK (AFP) – Amazon on Monday (July 26) denied a report that the e-commerce giant planned to begin accepting Bitcoin payments by [...]
Cryptocurrencies gaining traction among S'poreans: Study
SINGAPORE – Cryptocurrencies are gaining traction, with plenty of Singaporeans now owning some form of the virtual cash while others are keen to [...]
US plans to counter ransomware attacks through crypto tracing
WASHINGTON (BLOOMBERG) – The Biden administration intends to crack down on the use of cryptocurrencies in ransomware attacks through more rigorous tracing of [...]