Singapore

Singapore, an island city-state off southern Malaysia, is a global financial center with a tropical climate and multicultural population. Its colonial core centers on the Padang, a cricket field since the 1830s and now flanked by grand buildings such as City Hall, with its 18 Corinthian columns. In Singapore's circa-1820 Chinatown stands the red-and-gold Buddha Tooth Relic Temple, said to house one of Buddha's teeth.

Source: en.wikipedia.org

Singapore Responds to ‘Strong Interest’ in Asset Tokenization
Singapore Responds to ‘Strong Interest’ in Asset Tokenization
November 04, 2024  |  Blockchain

Singapore’s banking regulator announced plans to promote tokenization in the financial services industry. The Monetary Authority of Singapore (MAS) said the effort will include deepening...

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Western Union to Acquire Dash Mobile Wallet From Singtel
Western Union to Acquire Dash Mobile Wallet From Singtel
October 24, 2024  |  Acquisitions

Western Union plans to acquire Dash, a mobile wallet in Singapore that has more than 1.4 million users. The company and Dash owner Singtel signed...

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This Week in Web3: Crypto Scams and Payments Surge
This Week in Web3: Crypto Scams and Payments Surge
September 11, 2024  |  Cryptocurrency

Cryptocurrencies were created to address supposed pain points across the financial system. By decentralizing transaction verification and record-keeping through a distributed ledger, blockchain-based digital assets...

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Singapore’s Stablecoin Payments Approach Record $1 Billion
Singapore’s Stablecoin Payments Approach Record $1 Billion
September 11, 2024  |  Cryptocurrency

Singapore is reportedly growing increasingly fond of stablecoin payments. Payments with the digital assets during the second quarter hit a record high of nearly $1 billion in...

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Nium Reportedly Putting IPO Plans on Hold
Nium Reportedly Putting IPO Plans on Hold
September 09, 2024  |  IPO

Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in...

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OKX Names Grab’s Gracie Lin to Head Singapore Crypto Exchange
OKX Names Grab’s Gracie Lin to Head Singapore Crypto Exchange
September 02, 2024  |  Cryptocurrency

Cryptocurrency exchange OKX has appointed Grab executive Gracie Lin as CEO of its Singapore operations. The company announced the hiring Monday (Sept. 2), while also...

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Singapore Considers Bill Allowing Police to Stop Transfers to Scammers
Singapore Considers Bill Allowing Police to Stop Transfers to Scammers
August 30, 2024  |  Security & Fraud

Singapore is considering a bill that would allow police to order banks to temporarily prevent people from sending money to scammers. The country’s Ministry of...

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Grab Sees Strong Banking Growth From Digitally-Engaged Singapore
Grab Sees Strong Banking Growth From Digitally-Engaged Singapore
August 15, 2024  |  Earnings

Indonesian super app Grab saw a record number of monthly users in its latest quarter. “We continued to harness the strength of the Grab ecosystem, and improved...

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Payoneer Pays $61 Million for HR/Payroll Platform Skuad
Payoneer Pays $61 Million for HR/Payroll Platform Skuad
August 07, 2024  |  Acquisitions

Small-business-focused FinTech Payoneer has acquired Singapore-based payroll/HR platform Skuad for $61 million. The deal is designed to bolster Payoneer’s efforts to serve as a “business-grade financial stack” for small...

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