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Singapore
Singapore's Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation
The head of the Monetary Authority of Singapore insists this stance is "synergistic" and says price speculation is the source of the crypto world's problems.
Crypto Exchange Zipmex Appoints Restructuring Firm to Forge Recovery Plan
KordaMentha has been appointed as Zipmex's financial adviser to oversee a recovery plan.
Three Arrows Capital Co-Founder Calls Crypto Hedge Fund's Liquidators Inaccurate, Misleading: Report
Three Arrows Capital co-founder Su Zhu said Teneo misled the High Court of Singapore, which this week granted permission for the liquidator to probe the hedge fund's local assets.
Singapore's Central Bank Asks Crypto Firms to Submit Business Data: Report
The move comes as the central bank is looking to bring in more safeguards for retail customers and a stablecoin regulation.
Crypto Exchange Gemini Now Offers Staking Rewards
Crypto exchange Gemini will offer support for clients throughout the U.S., Singapore and Hong Kong to earn and store staking rewards in their accounts. Gemini Vice President of Product Layla Amjadi discusses how the service could help increase user interest ahead of Ethereum’s upcoming shift to a proof-of-stake model.
Huobi Warning Issued; Singapore’s Blockchain Aims
Huobi Global talking to Malaysian regulator after being put on investor alert list. What’s happening with crypto regulation in Asia? Singapore’s developing crypto landscape. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Singapore High Court Recognizes Three Arrows Capital Liquidation Order
The decision will provide Three Arrow's liquidator, Teneo, the ability to probe assets held in Singapore.
Crypto Lender Hodlnaut Faces Singapore Police ‘Actions’ and Job Cuts
The firm, which is the latest in the crypto world to freeze withdrawals, said it is engaged in “proceedings” with authorities.
Crypto Lender Hodlnaut Applies for Creditor Protection; Stronghold Digital Restructures Debt
Cryptocurrency lending platform Hodlnaut has filed an application with the Singapore High Court to be put under judicial management, a form of protection from creditors. Plus, Stronghold Digital Mining (SDIG) said Tuesday it had negotiated with its lenders to dramatically restructure its financing agreements to eliminate more than half of its total debt and associated interest and principal payments.
Crypto Lender Hodlnaut Applies for Creditor Protection in Singapore
Hodlnaut is looking to appoint a judicial manager to avoid liquidating customer assets at a loss.