# Australia and Singapore conclude digital verification blockchain pilot

# Australia and Singapore conclude digital verification blockchain pilot

“# Australia and Singapore conclude digital verification blockchain pilot ” The Australian Border Force (ABF), Infocomm Media Development Authority of Singapore (IMDA) and Singapore Customs, along with other industry representations, have concluded a blockchain trial project analyzing the status of the countries’ digital verification systems in issuing and verifying trade documents. The collaborative venture was…

Read More
# DBS wins regulatory approval in Singapore for crypto payment services

# DBS wins regulatory approval in Singapore for crypto payment services

“# DBS wins regulatory approval in Singapore for crypto payment services ” Singapore’s largest bank, DBS Bank, has expanded its scope of supported cryptocurrency services by scoring another regulatory approval. DBS Bank’s brokerage arm, DBS Vickers (DBSV), has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide digital payment token services as…

Read More
# Singapore grants first regulatory in-principle approval to crypto exchange

# Singapore grants first regulatory in-principle approval to crypto exchange

“# Singapore grants first regulatory in-principle approval to crypto exchange ” Independent Reserve, an Australian crypto exchange founded in 2013, has become the first cryptocurrency exchange in Singapore to receive an “in-principle approval” to operate as a fully regulated virtual asset service provider (VASP). In a letter from the city-state’s de facto central bank, the…

Read More
# 43% of Singaporeans own crypto, according to Independent Reserve survey

# 43% of Singaporeans own crypto, according to Independent Reserve survey

“# 43% of Singaporeans own crypto, according to Independent Reserve survey ” Cryptocurrency adoption is growing in Singapore, especially among younger generations looking to capitalize on the generational wealth potential of Bitcoin (BTC) and other digital assets, according to a new survey conducted by Asia-Pacific cryptocurrency exchange Independent Reserve.  Forty-three percent of the polled respondents…

Read More