Crypto.com taps Deutsche Bank for Asia-Pacific markets
The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months. Go to Source
Singapore
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Crypto payment firm Dtcpay shifts to stablecoin-only payments model
By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively. Go to Source
Crypto Biz: A crypto policy expert may run the SEC
This week’s Crypto Biz explores Singapore Gulf Bank’s plans to acquire a stablecoin firm, Binance delisting tokens, Cantor Fitzgerald’s stake in Tether and the first DOGE ETP. Go to Source
Temasek-backed blockchain VC firm to start new investment fund: Report
Temasek, a state-owned investment company in Singapore, currently has a total portfolio value of approximately $288 billion. Go to Source
Paxos launches USD-backed USDG stablecoin with DBS Bank
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework. Go to Source
Gemini crypto exchange receives preliminary approval in Singapore
Gemini has received in-principle approval for a Major Payment Institution license in Singapore. Go to Source
Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that foster innovation while protecting investors, in contrast to the U.S., where … Read more
Euroclear makes first Asia investment with Marketnode stake
The major European securities settlement firm has found an Asian platform for its FundPlace offering. Go to Source
Fairdesk crypto exchange to shut down over regulatory concerns
The Singapore-based exchange will officially shutter on Nov. 30, 2024. Go to Source
Matrixport acquires Swiss asset manager to expand in Europe
Matrixport has completed its all-cash acquisition of Switzerland-based Crypto Finance Asset Management. Go to Source
