A roundup of today’s crypto news: Singapore’s new regulations on overseas crypto services, South Korea’s upcoming pro-crypto election, and a temporary outage on the TON blockchain.
Tag: Singapore
Singapore Tightens Crypto Regulations: Overseas Operations Face June 30 Deadline
Singapore’s central bank has mandated that local crypto firms cease providing digital token services to overseas markets by June 30, 2025, signaling a significant regulatory tightening.
Singapore Tightens Crypto Rules, Korea Stays Bullish, and TON Recovers from Outage
A look at today’s top crypto news: Singapore’s new regulations, South Korea’s pro-crypto election, and TON blockchain’s brief downtime.
Crypto Awareness Soars in Singapore, But Ownership Dips: A Detailed Analysis
Despite record-high crypto awareness in Singapore (94%), actual ownership has declined to 29%. This analysis explores the reasons behind the decline, key cryptocurrency holdings, adoption trends, and Singapore’s growing role as a global crypto hub.
Sonic Labs Wins Judgment to Wind Up Multichain Foundation: Recovering $210M Hack Funds
A Singapore High Court has granted Sonic Labs’ motion to wind up the Multichain Foundation following a $210 million hack in 2023. Liquidators from KPMG will now attempt to recover and distribute funds to affected users.