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XSGD Drives $1 Billion Surge in Stablecoin Payments in Singapore Despite Regulatory Shifts
September 12, 2024The surge in stablecoin usage in Singapore is part of a larger trend of digital asset adoption in the region, reflecting growing interest and trust in cryptocurrencies. Regulatory advancements and…
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OKX, a Crypto Exchange, Receives In-Principle Approval to Provide Services in Singapore
March 13, 2024Crypto exchange OKX recently announced that it has received in-principle approval for a digital asset license from the Monetary Authority of Singapore (MAS). This approval signifies a significant milestone in…
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BitGo Receives Provisional Approval for Digital Asset License in Singapore
January 10, 2024BitGo, a well-established crypto custody business with over a decade of experience, has recently received in-principle approval from Singapore’s top financial regulator for a Major Payment Institution license through its…