# Swiss crypto bank Sygnum secures in-principal approval in Singapore

# Swiss crypto bank Sygnum secures in-principal approval in Singapore

” Swiss crypto bank Sygnum secures in-principal approval in Singapore “ Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, is expanding services after securing new regulatory approval from local authorities. The company announced Tuesday that Sygnum Singapore received in-principle approval from the Monetary Authority of Singapore (MAS) to offer three additional regulated activities under…

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# Why Singapore is one of the most crypto-friendly countries

# Why Singapore is one of the most crypto-friendly countries

“# Why Singapore is one of the most crypto-friendly countries ” In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. At the end of 2021 —…

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# Clampdown on crypto ads: A one-off or a new phase of global regulation?

# Clampdown on crypto ads: A one-off or a new phase of global regulation?

“# Clampdown on crypto ads: A one-off or a new phase of global regulation? ” Over the last week, regulators in three major jurisdictions across two continents introduced new rules governing cryptocurrency-related promotions and advertisements. Citing consumer risks associated with digital asset investments, authorities in the United Kingdom, Singapore and Spain tightened the requirements around…

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# Singapore crypto ATMs shut down after central bank crackdown

# Singapore crypto ATMs shut down after central bank crackdown

“# Singapore crypto ATMs shut down after central bank crackdown ” The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state. According to Bloomberg, to comply with new regulations issued by the Monetary Authority of Singapore (MAS), Singapore’s central bank, cryptocurrency ATM operators in the country were…

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# Crypto makes history in 2021: Five instances of governments embracing digital assets

# Crypto makes history in 2021: Five instances of governments embracing digital assets

“# Crypto makes history in 2021: Five instances of governments embracing digital assets ” As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments. In addition to Bitcoin crossing $68,000 for the first time since inception, the year of 2021…

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