Digital Assets

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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Singapore and China to Begin e-CNY Pilot, Explore Cross-Border Payment Linkage

Singapore and China have agreed to collaborate on a pilot programme that uses the e-CNY, China’s central bank digital currency (CBDC), for cross-border transactions. This programme is designed to ease payments for travelers from both countries during their overseas visits.

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Coinbase Users Can Now Send Money Via Email, Social Media, Messaging Apps

Cryptocurrency exchange Coinbase has upgraded its Wallet service, introducing features that significantly simplify and accelerate the process of sending money globally. This enhancement enables users to transfer funds via a variety of platforms, including widely-used messaging apps like WhatsApp, iMessage,

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Independent Reserve and RelayPay Enable Crypto Payments for Aussie, NZ Firms

Australian cryptocurrency exchange Independent Reserve has forged a new partnership with RelayPay, a digital currency payments platform. This collaboration aims to facilitate cryptocurrency transactions for Independent Reserve’s business clients in Australia and New Zealand. The partnership allows businesses associated with

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