Singapore
September 10, 2024
Published by Victoria Kyle at September 10, 2024
Worldcoin, a cryptocurrency project that has generated significant controversy due to its method of capturing biometric identity data, is now facing serious scrutiny in Singapore. On […]
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August 08, 2024
Published by Victoria Kyle at August 08, 2024
On August 7, California-based cryptocurrency custody firm BitGo announced a major expansion of its global operations by securing regulatory approval in Singapore. The company has obtained […]
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July 26, 2024
Published by Victoria Kyle at July 26, 2024
A recent internal investigation by Singapore’s Internal Security Department has revealed that terrorist organizations continue to heavily rely on cash transfers for fundraising, despite the increasing […]
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July 22, 2024
Published by Victoria Kyle at July 22, 2024
The Monetary Authority of Singapore (MAS) has allocated 100 million Singapore dollars ($74.36 million) to enhance the finance sector’s capabilities in quantum computing and artificial intelligence […]
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July 02, 2024
Published by Victoria Kyle at July 02, 2024
The Monetary Authority of Singapore (MAS) has increased the risk level for crypto exchange platforms from medium-low to medium-high under its updated laws on Countering the […]
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June 10, 2024
Published by Victoria Kyle at June 10, 2024
The Akira ransomware, known for its devastating attacks that resulted in the theft of $42 million from over 250 organizations across North America, Europe, and Australia, […]
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April 02, 2024
Published by Victoria Kyle at April 02, 2024
The Monetary Authority of Singapore (MAS) has announced amendments to the Payment Services Act (PS Act) aimed at broadening the regulatory oversight of services related to […]
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February 01, 2024
Published by Victoria Kyle at February 01, 2024
Singapore’s authorities have issued a critical cybersecurity warning due to an increase in the use of cryptocurrency drainers, also known as wallet drainers. These are being […]
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November 24, 2023
Published by Victoria Kyle at November 24, 2023
According to MAS, speculative cryptocurrency trading is partly fueled by unverified success stories, celebrity endorsements and FOMO on good returns. Responding to the feedback on […]
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