Singapore Digitalises Bankers Guarantees and Insurance Bonds With eGuarantee@Gov
Providing banker’s guarantees or insurance bonds to government agencies can now be done online and within one day using eGuarantee@Gov.
Source: fintechnews.sg
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Singapore moves to digitalise bankers' guarantees and insurance bonds
The Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) today launched eGuarantee@Gov, a simple and secure digital process for businesses and individuals to provide a banker’s guarantee or insurance bond (collectively, “guarantee”) to government agencies within a day.
Source: finextra.com
Thai SEC files police report on Zipmex, alleging 'incomplete' info for compliance procedures
The Thai SEC alleged crypto exchange Zipmex had not provided sufficient information on digital wallets and crypto transactions in compliance with the country’s Digital Assets Act.
Source: cointelegraph.com
Zipmex Boss Not Willing To Resign Despite $50 Million Loss
Zipmex founder Marcus Lim is not open to the idea of resigning from the embattled crypto exchange.
Source: ibtimes.com
Another Singapore crypto firm in trouble
SINGAPORE: The beleaguered cryptocurrency lender Hodlnaut says it is the subject of “pending proceedings” involving Singapore police and that it has slashed its workforce.
Source: bangkokpost.com