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“#Singapore ‘bubble’ business hotel welcomes first guests” SINGAPORE – Singapore has launched a travel “bubble” business hotel that allows executives to do face-to-face meetings without a risk of exposure to the coronavirus, in one of the world’s first such facilities. The hotel has meeting rooms outfitted with airtight glass panels to reduce the risk of…
“# Bybit appoints new general counsel to lead global cryptocurrency compliance ” Cryptocurrency derivatives exchange Bybit has appointed a new general counsel to lead the firm in its global compliance matters, and to oversee its legal team. Daniel Lim, formerly head of legal and compliance for the Singapore-based investment bank, Daiwa Capital Markets, was announced…
“# BitMEX’s Arthur Hayes and Ben Delo negotiate surrender to U.S. authorities ” The former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, is in negotiations to surrender to U.S. authorities next month concerning charges that authorities levied against four of the exchange’s executives and co-owners in October. Transcripts of a court teleconference dated Feb….
“#Singapore plan to use monitoring app on students’ computers sparks privacy fears” SINGAPORE – A Singapore government scheme to ensure children have access to computers for home learning has raised privacy concerns over monitoring software installed on the devices. The scheme, accelerated by the closure of schools last year during the COVID-19 pandemic, offers subsidies…
“# Winklevoss’ Gemini pushes presence in Asia, supports Singapore dollar ” Gemini, a cryptocurrency exchange founded by the Winklevoss brothers, continues to strengthen its global presence by tapping into the Singaporean market. On Jan. 25, Gemini announced a roll-out of several new features for its platform in Singapore, including the support of the Singapore dollar…
“# Singapore Exchange to streamline trading processes with blockchain tech ” The use of DLT can bring efficiencies to many aspects of the lifecycle of financial products, from listing and issuing, through to settlement of trades. Singapore’s stock exchange, SGX, has announced a joint venture with investment firm, Temasek, to use distributed ledger technology to…
“# Tokenized single-malt scotch collection launches on Singapore exchange ” Rare Cask Holdings has listed a tokenized rare whiskey collection on the Singapore-based Hg Exchange. The premium whiskey collection — “Casks of Distinction” — was tokenized on the Zilliqa blockchain based on its ZRC-2 token standard. Commenting on the whiskies in the tokenized collection, Saayan…
“# Crypto custody firm graduates Singapore Monetary Authority’s regulatory sandbox ” Crypto-custody provider and securities firm, Propine, has graduated from the Monetary Authority of Singapore’s fintech regulatory sandbox program, emerging with a Capital Markets Services License, and the green-light to commence full operations. The Singapore-based securities services firm for institutional clients was admitted entry to…
“# Fidelity-backed crypto trading platform OSL secures license in Hong Kong ” OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong. According to a Dec. 15 announcement, the new license allows OSL Digital Securities to operate…
“#Man who ended ‘cruise to nowhere’ didn’t actually have COVID-19” The man who caused a coronavirus scare on a “cruise to nowhere” in Singapore didn’t have the bug after all, officials said Thursday. Royal Caribbean’s Quantum of the Seas cruise ship returned to its port in Singapore on Wednesday after the 83-year-old man tested positive…