Singapore

Taxes singapore

No Taxes on Airdrops and Hard Forks in Singapore

No Taxes on Airdrops and Hard Forks in Singapore 1024 500 Crypto Rand Group

Singapore taxes authority will not take a cut of airdropped cryptocurrency so long as the recipient gets it for free, according to an income tax treatment guide published Friday. The…

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Binance singapore

Binance Finding its Way to Singapore Crypto Market

Binance Finding its Way to Singapore Crypto Market 1024 500 Crypto Rand Group

The Monetary Authority of Singapore recently opened its doors to crypto by introducing the Payment Services Act. This policy is intended to regulate cryptocurrency payments and trading using regulations that…

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Singapore AML

Singapore Publishing New Crypto AML Rules

Singapore Publishing New Crypto AML Rules 1024 500 Crypto Rand Group

The Monetary Authority of Singapore (MAS) is updating its regulatory framework for digital payments with new AML rules. Announced Tuesday, Singapore’s Payment Services Act 2019 (PSA) brings so-called Digital Payment…

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Singapore JPMorgan

Singapore created a Blockchain forex payment solution with JPMorgan

Singapore created a Blockchain forex payment solution with JPMorgan 1024 500 Crypto Rand Group

Singapore central bank says it has developed a blockchain-powered prototype for foreign exchange payments – and wants other central banks to follow suit. The Monetary Authority of Singapore (MAS) stated,…

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banking services in Singapore

Swiss crypto bank to offer banking services in Singapore

Swiss crypto bank to offer banking services in Singapore 1024 500 Crypto Rand Group

Sygnum, the Swiss-based cryptocurrency bank, has received the go-ahead to offer banking services in Singapore. Sygnum: license is “important milestone” In a blog post on Oct. 31, Sygnum, which gained…

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