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Singapore
Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and Others
The two new pilots will focus on using DeFi in trade finance and wealth management.

Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products
Circle received its approval shortly after fellow stablecoin issuer Paxos received its own license.

Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
Paxos is the latest company to secure a license in Singapore, allowing it to offer blockchain or crypto services to local businesses.

Monetary Authority of Singapore Completes Phase 1 of CBDC Project, With More Trials to Come
The first part of the project found there was no urgent need for a retail CDBC, although the bank said it wanted to be prepared in case that changes.

NFT Regulation Outlook: We Can't Stop Regulation, SmartMedia Technologies Exec Says
Reeve Collins, SmartMedia Technologies co-founder, reacts to a Singapore court ruling that NFTs are properties. "We've known for a long time that NFT is a property ... it's nice to see a court acknowledge that," he says. Plus, his take on NFT regulation in the U.S.; Are NFTs securities?

Singapore-Based Digital Marketplace Alta Acquires Hg Exchange
The digital securities exchange uses blockchain technology to make it easer to put money into alternative investments.

Hodlnaut Judicial Managers Say Lender Lost $189.7M in Terra Collapse
The company's records were not properly maintained and some company executives are not cooperating, the managers said in a report.

Singapore Central Bank Proposes Stablecoin Rules to Rein In Crypto Sector
In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets.

Singapore High Court Says NFTs Can Be Considered Property
The Singapore High Court has said that NFTs meet certain legal requirements to be considered property, such as being distinguishable from other similar assets and having an owner who can be recognized by third parties. "The Hash" team weighs in on the ruling.

NFTs Can Be Considered Property, According to Singapore High Court Ruling
The judge issued this ruling as an explanation for the injunction he granted in May preventing any potential sale of a Bored Ape NFT.
