Coinbase, the US-based cryptocurrency exchange, has secured a multi-asset custody and brokerage services license by Singapore’s financial regulator, MAS. This provides Coinbase with a range of new services to offer to customers in Singapore.
Authorities in Singapore have reportedly apprehended Zhou Su, one of the three co-founders of 3AC, for undisclosed reasons. 3AC, a tech start-up, recently raised 25 million USD in funding from investors. Zhou Su is currently being detained by local police for further investigation.
Tether, the world’s most widely-used stablecoin, has reportedly suspended the redemption of its USDT token for some customers in Singapore. The decision has caused concern in the crypto space, raising questions around Tether’s ability to continue providing liquidity and stability.
The 1st Ordinals Summit concluded successfully this week in Singapore, bringing together a diverse and influential group of policy-makers and academics from around the world. Ground-breaking discussions and initiatives were explored, paving the way for future collaboration and progress in the realm of global policy-making.
El Salvador, a small Central American country, is taking inspiration from Singapore in an attempt to replicate its success. Could El Salvador follow the same path to economic prosperity?
The 3AC co-founder has escaped contempt charges after providing evidence of Singaporean citizenship. The court accepted the documents, allowing him to avoid any further legal consequences.