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An examination of the latest developments in global crypto hubs, highlighting Singapore's strategic advancements, Dubai's aggressive strategies, and the Maldives' ambitious plans.
Cumberland SG has secured in-principle approval for a Major Payment Institution License from Singapore's Monetary Authority, marking a significant step for the firm in the region.
SGX aims to attract institutional investors with a regulated alternative in the cryptocurrency derivatives market.
Hex Trust has received a Major Payment Institution license from Singapore, enabling new financial services.
The Singaporean government is exploring harsh penalties, including caning, to combat the rise of cryptocurrency fraud.
A court in Singapore has sentenced Ho Kai Xin to almost a decade in prison after she defrauded the cryptocurrency exchange Bybit of $5.7 million through payroll manipulation.
The trading platform aims to introduce cryptocurrency products after finalizing its Bitstamp acquisition.
Robinhood aims to establish its crypto offerings in Singapore, leveraging Bitstamp's licenses for market entry by late 2025.
Crypto.com reveals its significant plans for expansion in the EU, U.S., and Asia, along with an updated focus on sports partnerships.
The Singapore High Court has greenlit WazirX's plan to compensate users affected by a significant cyberattack.
WazirX has received judicial permission to initiate a restructuring process to allocate funds lost in a significant cyber attack.
Singapore's Gambling Regulatory Authority has mandated local ISPs to block Polymarket after similar measures were implemented in Taiwan and France.
BitGo launches its services in Singapore after securing a local license, aiming to establish a competitive presence in Asia's growing crypto space.
New frameworks introduced by Singapore's regulator aim to enhance the adoption of tokenized assets.
DBS Bank in Singapore introduces a range of tokenized banking services aimed at enhancing liquidity management and workflow efficiency for institutional clients.
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