Digital Assets
HashKey OTC Gets In-Principle Nod for DPT Services in Singapore
HashKey Technology Services, the over-the-counter (OTC) trading division of the HashKey Group, has secured in-principle approval from the Monetary Authority of Singapore (MAS) for its application for a Major Payment Institution license. This license will enable HashKey OTC to provide
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Paxos Now Supports Chainlink’s PayPal USD Price Feed to Bolster Stablecoin Adoption
Paxos, a regulated blockchain and digital asset solutions provider, now supports Chainlink’s PayPal USD (PYUSD) price feed on the Ethereum mainnet. This collaboration aims to streamline the adoption of PYUSD, a USD-backed stablecoin issued by Paxos under PayPal’s banner. PYUSD
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DigiFT, Onfet, and Tranchess Drive Launch of the Digital Assets Association
Today marks the official launch of the Singapore-based Digital Assets Association (DAA), a new international organisation aimed at promoting the responsible development and integration of institutional digital assets. The DAA seeks to unite various sectors, including financial institutions, fintech companies,
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Sygnum Secures Over US$40 Million in Strategic Growth Funding Round
Global digital asset banking group Sygnum has reported an interim close of its Strategic Growth Round, successfully raising over US$40 million, surpassing its initial target of around US$35 million. This funding has elevated the company’s post-money valuation to US$900 million.
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BitGo Gains Ground in Singapore with In-Principle Approval for Digital Asset Services
Crypto custodian BitGo announced that its Singapore subsidiary has been granted in-principle approval by the Monetary Authority of Singapore (MAS) for a Major Payment Institution License for digital payment token services. Once the full license is awarded, BitGo aims to
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SBI and SIX Swiss Exchange’s AsiaNext Begins Trading in Crypto Derivatives
AsiaNext, a digital asset trading platform designed exclusively for institutions, has launched its crypto derivatives trading. The Singapore-based joint venture was formed between SBI Digital Asset Holdings (SBI DAH) and SIX. This development follows a survey by SBI DAH and
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Anson Zeall Promoted to Chief Strategy Officer at dtcpay
Singapore-based payments service provider dtcpay has promoted its Head of Compliance Anson Zeall as the new Chief Strategy Officer (CSO). During his tenure as Head of Compliance, Zeall played a pivotal role in guiding dtcpay through the complex regulatory environment
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MAS Grants In-Principle Approval to Moomoo Singapore for Crypto Payments
Digital brokerage Moomoo Financial Singapore has secured in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution License to offer digital payment token (DPT) services. This approval enables Moomoo Singapore to extend digital payment token services
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HashKey Singapore Now Officially Licensed as Fund Manager by MAS
HashKey Capital Singapore, a company specialising in blockchain and digital asset investments, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). This license, initially granted in-principle in November 2022, officially recognises HashKey Capital Singapore
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S&P Global Debuts Stablecoin Ratings with GUSD, USDP, USDC Taking Top Spots
Credit rating agency S&P Global Ratings has unveiled its new stablecoin stability assessment service, designed to evaluate their capability in maintaining a stable value in comparison to traditional fiat currencies. This initiative is a step forward in expanding the firm’s
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