Singapore’s central bank is limiting foreign-only crypto services, while US lawmakers debate Trump’s influence on digital asset legislation. This analysis explores the potential market consequences.
Tag: WazirX
Singapore’s Crypto Crackdown: Near-Ban on Foreign-Only Digital Token Services
Singapore’s central bank, MAS, is tightening its grip on the crypto industry with a new licensing regime effectively banning most firms serving only overseas clients. Here’s the breakdown and potential market impact.
Singapore’s Crypto Crackdown, Kraken’s Security Warning, and Trump’s Wallet Woes
Singapore tightens its grip on crypto firms, Kraken warns conference attendees about security risks, and a Trump-branded wallet faces legal challenges. Here’s what it all means for the crypto market.
WazirX Exits Singapore, Relocates to Panama Amid Regulatory Hurdles
Crypto exchange WazirX is moving its operations to Panama after a Singapore court declined to approve the firm’s restructuring plan, raising questions about its future and regulatory compliance.