Singapore central bank issues three crypto licence in-principle approvals
Singapore’s central bank will issue three more digital payment token (DPT) service licences, which will enable companies to offer crypto services.
Source: pinsentmasons.com
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Worldwide Regulatory Review Of NFTs
NFTs pose concerns amongst both financial regulators and consumer protection authorities around the world.NFTs Concerns: transfering ownership to a buyer, they do not give the buyer copyright over the underlying asset,Buyers not being made aware what they are purchasing
Source: natlawreview.com
Funding Societies acquires CardUp, drives payments expansion
Acquisition of the digital payments platform will take place in June and is subject to regulatory approvals The digital lender will benefit from CardUp's range of payment technologies and solutions, further expanding its financial services beyond lending SINGAPORE, June 29, 2022 /PRNewswire/ --Funding Societies, Southeast Asia's largest Small and Medium Enterprises (SME) digital financing platform, today announced that it is acquiring regional payments solution, CardUp, for an undisclosed amount*. Through the move, the company will acquire CardUp's payments capabilities such as car...
Source: philippinetimes.com
Hodlnaut Announces Support of Binance Smart Chain
Hodlnaut will now support Binance Smart Chain for USDC SINGAPORE, June 28, 2022 /PRNewswire/ -- Hodlnaut, a cryptocurrency interest-earning platform based in Singapore, announced the support
Source: finanznachrichten.de
Crypto.com Wins In-Principle Payment License Approval From Singapore Regulator
Crypto.com scoops coveted digital token license in Singpapore.
Source: ethereumworldnews.com