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Singapore
Terra’s UST Loses Dollar Peg; Philippines Expects Marcos Jr Win
UST loses dollar peg as Terra market cap plunges. Coinhako receives full license to provide Digital Payment Token services in Singapore. Marcos Jr. poised to become next Philippine president; Blockchain industry players react. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Chilean Digital Peso Would Need to Work Offline, Central Bank Governor Says
Design principles are due out later this week, though no final decision has been taken on the digital peso.
FTX Closed Acquisition of Liquid Exchange a Few Days Late
The news came to light in an email to Liquid's shareholders.
![A delay in paying shareholders “shows that the existing international wire transfer [system] is fundamentally broken,” Liquid CEO Mike Kayamori said. (Photo: World Economic Forum)](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fstaging%2F0bbdba4493f2fce988314f11cfc3ffcf71fbe98d-1440x960.jpg%3Fauto%3Dformat&w=1080&q=75)
First Mover Asia: Singapore’s Distaste for Retail Crypto Spooks Institutional Money
Three Arrows Capital's decision last week to move its headquarters to Dubai reflects growing concerns about the city-state's increasing regulatory scrutiny of crypto; bitcoin returns to where it started the weekend.
Another Crypto Firm Leaves Singapore; S Korean Secrets Sold for Crypto
Three Arrows Capital to move base from Singapore to Dubai. Samsung Asset Management to list blockchain ETF in Hong Kong. South Korean crypto executive, soldier indicted for selling military secrets for Bitcoin. Innovation driving blockchain gaming space forward.
DBS Will Focus on Institutional Crypto Before Looking at Retail Trading Desk
CEO Piyush Gupta said that institutional and accredited crypto clients are the focus for now without entirely ruling out a retail crypto platform
Singapore’s Responsible Crypto Aim; Okay Bears Storm the Charts
Bitcoin mining difficulty hits all-time high. MAS says Singapore wants to position itself as a “responsible crypto hub.” Okay Bears NFTs help Solana net $2 billion in sales. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Three Arrows Capital to Move Headquarters to Dubai, Raise External Capital
Crypto firms eye the Middle East amid regulatory scrutiny from Singaporean officials.
Coinbase India Setback; Hong Kong’s Bitcoin ATMs
Coinbase’s India launch hits road bump. South Korea’s Shinhan bank sets precedent for corporate crypto accounts. Expert says Singapore still on track to become a global crypto hub. Hong Kong leads the way for Bitcoin ATMs in Asia, but is their future in doubt? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Industry Associations, Regulator Give Some Clarity on Singapore's Crypto Ad Rules: Report
Advertising to retail investors will be disallowed, as Singapore limits crypto trading to professional investors.