Demand partly driven by Chinese quants expanding abroad after crackdown at home
Authorities also announce tax incentives as part of package designed to revive struggling equity market
City-state’s central bank cites ‘trade frictions’ as it trims growth and inflation forecasts for 2025
Palliser Capital accuses OCBC of treating insurer’s minority shareholders unfairly as activist campaigns pick up in Asia
The challenge is to make digital currencies viable without letting them displace private payments altogether
Tacit directive from regulators comes as wealthy Chinese people funnel funds into city-state
City seeks to attract retail investors by shifting towards clear rules
Plus, Washington’s brain drain problem and a Chinese spy story
Regulator says further measures are required ‘to reduce consumer harm’
A total of 590 funds have registered as Variable Capital Companies since structure was launched in 2020
Court filings show issues at investment firm at centre of digital asset credit crunch
MAS says investment firm filed false information and has been under investigation for a year
Despite the recent rout, private digital money seems more likely to mutate than die
Stance marks shift in rhetoric from city-state that had courted digital currency companies
War in Ukraine adds to post-pandemic pressures as commodity prices rise sharply
Exchange’s efforts to set up operations in financial hub suffer final blow after pushback from regulators
Bitget was threatened with legal action by Korean boy band’s agency for promoting digital currency Army Coin
China’s shunning of crypto transactions increases the potential prize and the perils for city-state
Fear of competition means central bank projects are already hitting legacy payment companies
City-state has become an important front in industry’s battle to woo financial regulators
Sea and Ant Group among recipients as city-state shakes up banking system
British arm appoints advisers to consider all options including administration while Asian nation expands investigation
City state opens its financial sector to Asia’s biggest technology companies
Monetary Authority chief says city state’s ‘cutting edge’ law balances regulation and innovation
Central bank’s managing director raises concern over digital currency’s macro financial risks
