The move is part of a broader effort by the Singaporean watchdog to regulate advertising cryptocurrency to the public. Source
The new regulations only allow advertisements on native websites and mobile apps for DPT companies. Source
While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation. Source
The Monetary Authority of Singapore wants to support crypto and blockchain adoption in the country but it’s also willing to recognize the risks. Source
Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding. Source
Binance plans to “wind down” all services in Singapore by Feb. 13, 2022. Users are no longer allowed to deposit cryptocurrencies or fiat on the Binance.sg platform. Source
Binance’s most recent acquisition is still subject to some regulatory requirements. Source
The Singapore-based Bitget exchange has reportedly lost its license after a legal tussle with the agency for K-Pop boy band BTS. Source
Singapore’s Coinstore crypto exchange has allotted $20 million for opening up three new offices in the Indian market. Source
The new Bitcoin funds aim to provide simple and secure exposure to Bitcoin for professional investors. Source