Archive
Binance Ceases Singapore Offerings Following MAS’ Investor Alert
Singaporean crypto exchange platform Binance announced in a blog post that it will cease to offer certain product and service offerings several days after the Monetary Authority of Singapore added the company to its investor alert list. The company said
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Future-Proofing Against Compliance and Risk When Expanding Globally
Globalization Partners, a US-based compliant and automated global employment platform, found that companies that grow internationally without prioritising compliance are sure to run into problems according to its “7 Compliance Challenges Companies Face When Growing Globally” e-book. As a fast-growing
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Singapore’s Cryptocurrency Industry: How Are Key Players Positioning for Growth?
The 2021 Global Crypto Adoption Index by Chainalysis, a blockchain data analytics tool provider, revealed that globally, more individuals are now participating in cryptocurrency while existing cryptocurrency adoption is also on the rise. From Q3 2019 to the end of
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Payment Transaction Authentication Methods, Which Is the Best?
Nowadays the usual user authentication methods to portals, enterprise systems, VPNs and so on, are familiar to us all. We all know about authentication factors (what you know, what you have, and what you are), two-factor authentication, multi-factor authentication, how
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Fraud Prevention Tactics for Cross-Border eCommerce Businesses
Making the decision to take your eCommerce business global can be a lucrative one, but also introduces a higher risk of fraud attacks. In this article, learn how to protect your business from fraud when selling internationally. There’s no better
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SGX to Allow SPAC Listings From Today, Halves Minimum Market Cap to S$150 Million
The Singapore Exchange (SGX) has eased up on some measures that were deemed restrictive with a new framework to enable special purpose acquisition companies (SPACs) to list in the country from today onwards. This move makes SGX the first Asian bourse
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Regulators and Financial Institutions in APAC Waking up to Digital Asset Opportunities
In Asia Pacific (APAC), financial institutions and regulators are recognizing the potential of tokenized securities and exploring the concept. But despite recent positive developments, several challenges still need to be addressed, including regulatory heterogeneity and the need for deeper industry
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Robo Advisor StashAway Makes Its Thailand Debut
Southeast Asian digital wealth manager StashAway is now available to Thailand residents and is regulated by the Securities and Exchange Commission (SEC). According to central bank data, people in Thailand are increasingly investing in overseas assets. However, investors in Thailand
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BIS to Test Central Bank Digital Currencies With Australia, Malaysia, Singapore, S. Africa
The Bank for International Settlements (BIS) Innovation Hub will test the use of central bank digital currencies (CBDCs) for international settlements with Australia, Malaysia, Singapore and South Africa. Led by the Innovation Hub’s Singapore center, Project Dunbar aims to develop a
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MAS Joins Regulators Worldwide to Pin Binance Onto Its Investor Alert List
The Monetary Authority of Singapore (MAS) has joined a number of regulators worldwide to add Singaporean crypto exchange platform Binance to its investor alert list. The beleaguered crypto exchange had previously applied for a license to offer digital payment token
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