Category Archives: Singapore

Public Sale Date Set for Social Engagement Innovator Making Waves in Blockchain World

Jet8

Bitcoin Press Release: A leader in social engagement innovation, announced the public sale date of their new utility token, the J8T. On the 28th FEBRUARY, Singapore-based JET8 will open the floodgates for what is expected to be a hugely popular public sale. The pre-sale phase was completed early having secured over 70% of the total token sale goal. This was due to […]

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Singapore Doesn’t Support the Cryptocurrency Ban

Bitcoin Singapore

There are currently two worlds. One has the nations that need to firmly manage the digital currency showcase, and the other has those that don’t have any desire to do it. Singapore’s Deputy Prime Minister, Tharman Shanmugaratnam, clarified that they don’t have expectations to boycott digital currencies. Mr Shanmugaratnam additionally deals with the Singapore Monetary Office (MAS). The Monetary Authority […]

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South Korean Bitcoin Exchange Goes Bankrupt, Singapore Warns Investors

Bitcoin Singapore Korea

South Korean bitcoin exchange Youbit is petitioning for bankruptcy after it was hacked for the second time this year. The move to announce indebtedness comes in spite of Youbit’s portrayal of the assault as less serious than an interruption last April. Clients may not see full return of assets, an announcement stated, however the trade will dispense the cryptographic money […]

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Bitcoin Breaches 8000, Asian Countries Recognize Advantages

Bitcoin Asia

Bitcoin saw an inversion of its low esteem and not just achieved its past highs. It has since seen its value bounce over the $8,000 mark with highs of $8,100, with various new records. The Bitcoin value has since retreated down to exchanging at 7,900-8,000 yet this seems to be impermanent. Of course, inquiries have emerged from this, and interest […]

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DBS SG Says Bitcoin is a Ponzi Scheme while Chicago Firm Eyes Singapore

DRW Singapore

DRW, a Chicago-based firm, is hoping to set up a bitcoin exchanging work area in Singapore to penetrate the digital money market in Asia. The firm has been dabbling with bitcoin since 2014 by means of its division Cumberland Mining, which as of now offers over-the-counter bitcoin exchanging services in Chicago and London. Bobby Cho, the head of Cumberland, disclosed that […]

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Singapore Embraces the Cryptocurrency Wave with Bitcoin Mining

Bitcoin Singapore

The red dot has been making strides in accepting the cryptocurrency movement. Mr Dexter Ng and his gathering of companions understood that their recently acquired seemingly simple machine could deliver digital forms of money through a procedure called “mining.” Furnished with an intense designs handling unit, these PCs can take care of complex mathematical problems which will pick up the […]

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Singapore and Taiwan Adamant against Money Laundering with Bitcoin

Singapore Taiwan

It is no secret that there are countries, which already made their position about the use of bitcoin. While some of them are positive about the use of this digital currency, there are also others that discouraged the use or even banned Bitcoin along with other cryptocurrencies. This is a defensive attempt by these countries to protect themselves from any […]

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Monetary Authority of Singapore Plans to Regulate Bitcoin Payments

Singapore Regulation

The minister for the Monetary Authority of Singapore (MAS), the country’s focal managing an account expert, has said the foundation is attempting to make an administrative structure for Bitcoin installments. In light of an inquiry on the issue from an MP, Tharman Shanmugaratnam – who is additionally a delegate PM of Singapore – affirmed that while the MAS has been […]

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Bank Account Closures Dealt by Singaporean Bitcoin Startups

Singapore Banks

A couple of banks in Singapore have stopped working with a few new businesses that work with digital currencies. Singapore’s Cryptocurrency and Blockchain Industry Association guarantees that more than ten organizations have had issues with Singapore banks and that the comparing money-related foundations have given no motivations to the record terminations. Just as of late the Singapore-based startup, Coinhako, an […]

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