cryptocurrencies

Global Markets

Bitcoin’s Trump-inspired rally is bad news for Korean small-caps

“Because the Kosdaq market is doing terribly, people are heading to the coin market.” Trading activity on Korean crypto exchanges now outstrips volumes for the benchmark Kospi stock index.
Illicit cryptocurrency use cases - THE EDGE SINGAPORE

In Focus

Illicit cryptocurrency use cases

How are bad actors exploiting cryptocurrencies for non-crypto-native cybercrime?

Cryptocurrency

Bitcoin bros say upcoming crypto bull run ‘feels different’

Interest from retail investors has been slow to recover as the 2022 fallout of FTX remain fresh in their memory, among others.
Bitcoin wobbles as traders await Fed guidance on scope for rate cuts - THE EDGE SINGAPORE

Cryptocurrency

Evaporating US Bitcoin ETF demand sends token to a two-week low

The slide comes amid uncertainty about trims in rate-cut projections on Wed, which are unfavourable for speculative investments.

Cryptocurrency

OKX receives in-principle approval from MAS, awaits awarding of full licence

OKX also applied for a licence in Hong Kong last November.

Cryptocurrency

'Pig-butchering' romance scams most common crypto scam tactic in 2023: Chainalysis

The total amount of crypto stolen through scams fell to US$4.6 bil, but romance scams doubled in revenue in 2023.
Bordier & Cie partners Sygnum to let wealth clients in on digital asset services - THE EDGE SINGAPORE

Cryptocurrency

Bordier & Cie partners Sygnum to let wealth clients in on digital asset services

"What keeps me up at night is the fear that we'll fail to recognise change... and crypto is a part of it." says Bordier CEO.

Cryptocurrency

Ripple secures major payment institution licence

It received its in-principle approval in June.
Lending and staking restrictions present new challenges to Singapore crypto players - THE EDGE SINGAPORE

Cryptocurrency

Lending and staking restrictions present new challenges to Singapore crypto players

Most in the crypto industry believe this restriction is challenging and have lobbied instead for a middle ground.
MAS requires DPTSPs to safekeep customers assets under statutory trust, proposes lending and staking restriction - THE EDGE SINGAPORE

Cryptocurrency

MAS requires DPTSPs to safekeep customers assets under statutory trust, proposes lending and staking restrictions

DPTSPs are required to safekeep customer assets under a statutory trust before the end of the year.
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